- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Freya Deshmane riding on Reinroe Adare Acrobat claimed the top spot and clinched the gold
- Salah sets Premier League record in Liverpool's draw at Newcastle
- India Open Competition in Shotgun begins in Jaipur, paving way for Nationals' qualification
- Hockey India names Amir Ali-led 20-man team for Junior Asia Cup
- Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award
- World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17
Direct tax collections up 18% in April-December Last Updated : 09 Jan 2018 07:25:06 PM IST (File Photo)
India's direct tax collection between April and December in the current fiscal at Rs 6.56 lakh crore was 18.2 per cent higher than for the corresponding period last year, according to an official announcement on Tuesday.
A Finance Ministry statement said the collections till December represent 67 per cent of the total budget estimates for direct taxes for fiscal 2017-18.
"Provisional figures of direct tax collections up to December 2017 show that net collections are at Rs 6.56 lakh crore, which is 18.2 per cent higher than the net collections for the corresponding period of last year," the Ministry tweeted.
"Net direct tax collections represent 67 per cent of total budget estimates of direct taxes for FY 2017-18 (Rs 9.8 lakh crore)," the release said here.
According to the Central Board of Direct Taxes (CBDT), gross collections before adjusting for refunds have increased by 12.6 per cent to Rs 7.68 lakh crore during April-December 2017. Refunds amounting to Rs 1.12 lakh crore have been issued during this period.
A total of Rs 3.18 lakh crore has been received as advance tax till December, reflecting a growth of 12.7 per cent on this count over the corresponding period of last year, the statement said.
"The growth in corporate income tax advance tax is 10.9 per cent and that in personal income tax advance tax is 21.6 per cent," it added.
IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186