Corporate and Income Tax collections show growth rate of over 43%

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....orporate and Income Tax collections show growth rate of over 43% <br>News and Press Release<br>Dated:- 25-6-2008<br><BR>Corporate and Income Tax collections show growth rate of over 43% PERSONAL INC....

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....OME TAX GROWS NEARLY 50% The Collection from Corporate Income Tax and Personal Income Tax as on 21st June, 2008 is Rs. 49,411 crore exhibiting a growth rate of 43.45% over previous year. The collecti....

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....on from Corporate Income Tax stands at Rs 30,655 crore at growth rate of 39.81% over previous year, while the collection from Personal Income Tax is Rs. 18,756 crore showing a growth rate of 49.82% ov....

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....er previous year. The buoyancy in the tax collection is significant considering the fact that refunds to the tune of Rs. 10,810 crore have been issued till date at a growth rate of 33.7% over previo....

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....us year. The advance tax payments by top companies have shown a healthy growth. The highest contribution has come from ONGC followed by SBI and SAIL indicating that the growth is visible in almost a....

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....ll sectors of economy.<BR> News - Press release - PIB....