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Over 8 per cent growth in direct tax collections during April-December

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....ver 8 per cent growth in direct tax collections during April-December <br>News and Press Release<br>Dated:- 5-1-2010<br><BR>Net direct tax collections during first three quarters of the present fiscal....

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.... (up to December 2009) stood at Rs.2,50,232 crore, up from Rs.2,30,598 crore in the same period last fiscal, registering a growth of 8.51 percent. Growth in Corporate Taxes was 13.47 percent (Rs.1,66,....

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....503 crore as against Rs.1,46,737 crore), while Personal Income Tax (including STT, and residual FBT and BCTT) grew at -0.41 percent (Rs.83,178 crore as against Rs.83,524 crore). During the month of ....

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....December 2009, net direct tax collections was Rs.66,410 crore compared to Rs.53,347 crore during December 2008. While Corporate Tax recorded a growth of 44.03 percent (Rs.53,293 crore against Rs.37,00....

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....2 crore last fiscal), PIT growth was -19.75 percent (Rs.13,117 crore against Rs.16,345 crore last fiscal). Negative growth in PIT was largely on account of higher PIT refunds at Rs.8,954 crore as ag....

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....ainst Rs.5,979 crore, a growth of 49.76 percent compared to the same period last fiscal. Growth in Securities Transaction Tax (STT) stood at 2.33 percent during April-December 2009 (Rs.4,570 crore a....

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....s against Rs.4,466 crore), while wealth tax grew by 24.39 percent (Rs.381 crore as against Rs.306 crore) compared to the corresponding period last fiscal. BSC/BY/DN-427/10<BR> News - Press release -....

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.... PIB....