Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 ITR Refund Status 2026: How to Track Your Income Tax Refund Online – Step-by-Step Guide
 GST Council Explores Andhra Pradesh’s AI-Driven Tax Administration Model
 ITR filing 2026: Who must file by August 31? Tax department explains
 Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)
 Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose
 Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More
 Government proposes to ease tax relief conditions for offshore funds
 TallyPrime Connected Banking: Automating Banking and Accounting
 ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update
 ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide
 Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers

Corporate tax collections up
December, 21st 2006

The Centre's net direct tax collections registered 42.5 per cent increase in April 1-December 18 period to touch Rs 1,33,461 crore.

While corporate taxes were up by 51.2 per cent at Rs 83,614 crore for the period under review, personal income tax (including fringe benefit tax) recorded an increase of 26.6 per cent at Rs 46,114 crore.

Securities transaction tax collections stood at Rs 3,381 crore, which represents a growth of 96.8 per cent. Banking cash transaction tax collections stood at Rs 352 crore. The corporate advance tax up to December 18 stood at Rs 59,393 crore, up 38.51 per cent over Rs 42,881 crore last year.

For the December 15 instalment, corporate advance tax stood at Rs 20,082 crore. This represents a 46.4 per cent increase over Rs 13,722 crore collected for December 15, 2005, instalment.

Advance personal income tax (by professionals, partners etc) has increased to Rs 13,513 crore in Apr-December 18 compared with Rs 10,698 crore during the same period of the previous year.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting