New Delhi, Nov 5 Direct tax collections grew by
3.92 per cent to Rs 1,73,447 crore for the first seven months
of current fiscal, around Rs 2 lakh crore short of the target
for the mop-up this financial year.
The net direct tax collections for the period are lower
due to higher tax refunds given by the government which grew
by about about 64 per cent to Rs 33,137 crore compared to last
year, the Central Board of Direct Taxes said in a statement
today.
Corporate tax collections grew by 4.59 per cent to
Rs 1,09,996 crore in April-October. In the personal income tax
segment, the mop-up was up by only 2.87 per cent at Rs 63,195
crore in the period.
The government in the Budget for 2009-10 has set a target
of Rs 3. - (Agencies)
Nov 05, 2009
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