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Gross direct tax collection during April-December 2014 is up by 12.93 percent - All About Finance

Gross direct tax collection during April-December 2014 is up by 12.93 percent

Government of
India

Ministry of Finance

Department of Revenue

Central Board of Direct Taxes

*** 

New Delhi, 23rd January, 2015 

PRESS RELEASE 

 

Gross direct tax collection during April-December of
the Financial Year 2014-15 is up by 12.93 percent at Rs. 5,46,661 crore as
against Rs. 4,84,063 crore collected during the same period last year. Gross
collection of Corporate tax has shown an increase of 12.79 percent and stood at
Rs. 3,50,494 crore as against Rs. 3,10,754 crore collected during the same period
last year. Gross collection of Personal income tax is up by 12.62 percent and
stood at Rs.1,90,391 crore as against Rs.1,69,059 crore collected during the
same period last year. Securities Transaction Tax(STT) stands at Rs. 4940 crore
at a growth of 43.44%. Net direct tax collections are up by 7.41 percent and
stand at Rs. 4,48,401 crore, as compared to Rs. 4,17,477 crore in the same
period in the last fiscal.

 

2.                 
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. 

 

3.                 
The Self-Assessment Tax shows a growth
of 22.20% 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.

 

(Rekha Shukla)  

Commissioner of Income
Tax
 

(Media & Technical
Policy)
 

Official Spokesperson,
CBDT

 

Taxclick Team
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