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18 March, 2018 07:32 IST
Direct tax collections up 15% in Apr-Oct'17
Source: IRIS | 08 Nov, 2017, 10.18AM
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The provisional figures of Direct Tax collections up to October, 2017 show that net collections are at Rs. 4.39 lakh crore which is 15.2% higher than the net collections for the corresponding period of last year.

Net Direct Tax collections represent 44.8% of the total Budget Estimates of Direct Taxes for F.Y. 2017-18 (Rs. 9.8 lakh crore).  Gross collections (before adjusting for refunds) have increased by 10.7% to Rs.5.28 lakh crore during April-October, 2017. Refunds amounting to Rs 895.07 billion have been issued during April, 2017 to October, 2017.

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