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Jan 24, 2015
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Direct tax receipts grow 12.9% in April-December
The income tax department collected R5.5 lakh crore from corporate, personal and wealth taxes in the April-December period of this fiscal, 12.9% more than what it had collected in the same period a year ago. Due to tax refunds, net direct tax receipts, however, grew at a slower pace of 7.41% to R4.48 lakh crore. For the full year, the government has a 15.7% growth target for gross direct tax receipts.
Source -
http://www.financialexpress.com
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