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Direct Tax Collections for F.Y. 2017-2018 show Growth of 19.3% up to January, 2018

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....irect Tax Collections for F.Y. 2017-2018 show Growth of 19.3% up to January, 2018 <br>News and Press Release<br>Dated:- 9-2-2018<br><BR>Government of India Ministry of Finance Department of Revenue ....

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.... Central Board of Direct Taxes New Delhi, 09th February, 2018 PRESS RELEASE Direct Tax Collections for F.Y. 2017-2018 show Growth of 19.3% up to January, 2018 The provisional figures of Direct Ta....

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....x collections up to January, 2018 show that net collections are at Rs.6.95 lakh crore which is 19.3% higher than the net collections for the corresponding period of last year. The net Direct Tax colle....

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....ctions represent 69.2% of the Revised Estimates of Direct Taxes for F.Y. 2017-18 (Rs. 10.05 lakh crore). Gross collections (before adjusting for refunds) have increased by 13.3% to Rs.8.21 lakh crore ....

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....during April 2017 to January 2018. Refunds amounting to Rs.1.26 lakh crore have been issued during April 2017 to January 2018. The growth rate for net collections for Corporate Income Tax(CIT) is 19.....

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....2% and for Personal Income Tax(PIT) is 18.6%. (Surabhi Ahluwalia) Commissioner of Income Tax (Media & Technical Policy) Official Spokesperson, CBDT.<BR> News - Press release - PIB....