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India Apr-Aug direct tax receipts up
September, 04th 2009

India's direct tax receipts between April and August were up 4.1 percent at 878.88 billion rupees, the finance ministry said in a statement on Thursday.

Corporate tax collections were up 1.84 percent at 493.39 billion rupees in the first five months of 2009/10, while income tax receipts were up 7.4 percent at 384.91 billion rupees.

Last month, the finance ministry had revised upwards its direct tax receipt target to 4 trillion rupees from 3.7 trillion estimated in the July Budget.

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