Direct Tax Collections up to October, 2016 show an increase of 10.6%; Net Direct Collections stood at 3.77 lakh crore;44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved

Direct Tax Collections up to October, 2016 show an increase of 10.6%; Net Direct Collections stood at 3.77 lakh crore;44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved https://www.taxtmi.com/news?id=16813 Net direct collections up to October 2016 stood at Rs. 3.77 lakh crore, achieving 44.5% of the Budget Estimates for FY 2016 17. Gross Corporate Income Tax and Personal Income Tax collections recorded year on year growth, but after adjusting for refunds the net growth in Corporate Income Tax is substantially lower. Refunds amounting to Rs. 93,836 crore were issued during April-October 2016, significantly higher than the corresponding period last year. en-us Thu, 10 Nov 2016 10:45:38 +0530 Thu, 10 Nov 2016 10:45:38 +0530 TaxTMI RSS Generator Direct Tax Collections up to October, 2016 show an increase of 10.6%; Net Direct Collections stood at 3.77 lakh crore;44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved https://www.taxtmi.com/news?id=16813 Net direct collections up to October 2016 stood at Rs. 3.77 lakh crore, achieving 44.5% of the Budget Estimates for FY 2016 17. Gross Corporate Income Tax and Personal Income Tax collections recorded year on year growth, but after adjusting for refunds the net growth in Corporate Income Tax is substantially lower. Refunds amounting to Rs. 93,836 crore were issued during April-October 2016, significantly higher than the corresponding period last year. News - Thu, 10 Nov 2016 10:45:38 +0530 https://www.taxtmi.com/news?id=16813