Gross direct tax collection during April-December of the Financial Year 2014-15 is up by 12.93% at Rs 5,466.61 billion as against Rs 4,840.63 billion collected during the same period last year.
Gross collection of Corporate tax has shown an increase of 12.79% and stood at Rs 3,504.94 billion as against Rs 3,107.54 billion collected during the same period last year.
Gross collection of Personal income tax is up by 12.62% and stood at Rs 1,903.91 billion as against Rs 1,690.59 billion collected during the same period last year. Securities Transaction Tax (STT) stands at Rs 49.40 billion at a growth of 43.44%. Net direct tax collections are up by 7.41% and stand at Rs 4,484.01 billion, as compared to Rs 4,174.77 billion in the same period in the last fiscal.
Advance tax collection has shown a growth of 13.15% during April-December of the FY 2014-15 as against the growth of 8.76% shown at the same time previous year. Growth in TDS is 7.84% as against 16.73% in the same period last year.
The Self-Assessment Tax shows a growth of 22.2% as against 11.86% in the same period last year. The growth in Regular Tax is 33.03% as against 15.60% in the same period last year.