Direct tax collection up 11.58% in Apr-Oct at Rs 3.37 lakh cr

Last Updated: Wednesday, November 6, 2013, 18:58

Amid slowing economy, the gross direct tax collection has risen only by 11.58 percent to Rs 3.37 lakh crore during the April-October period of 2013-14 fiscal.

Direct tax collection rises by 10.66%

Last Updated: Tuesday, October 8, 2013, 19:20

Gross collection from direct taxes that include personal income tax and corporate taxes, increased by 10.66 percent to Rs.3,01,250 crore in April-September period of this year as compared to Rs.2,72,221 crore recorded in the same period last year, government data showed Tuesday.

Net direct tax realisation up 12.5% to Rs 2.38 lakh crore

Last Updated: Wednesday, September 18, 2013, 21:10

Net direct tax collection rose 12.5 percent to Rs 2.38 lakh crore in first six months of the ongoing fiscal mainly on account of growth in personal income tax collection.

Assocham suggests a slew of measures to boost economy

Last Updated: Thursday, September 5, 2013, 21:24

Industry body Assocham Thursday suggested that the government raise investment in agriculture, cut back on subsidies, aggressively disinvest and roll out tax reforms like DTC and GST to revive economic growth.

Direct tax collection up 14% in April-August period

Last Updated: Thursday, September 5, 2013, 21:22

Gross direct tax collections increased 14.43 percent to Rs.1,88,193 crore in the first five months of the current financial year, government data showed Thursday.

Process to roll out Direct Tax Code on: Parthasarathi Shome

Last Updated: Friday, August 30, 2013, 18:11

The process to roll out the Direct Tax Code is "on" and the government has now prepared a draft with comments made by industry and it is being examined by various Ministries, Parthasarathi Shome, Adviser to Finance Minister, said Friday.

Direct tax mop-up up 13.27% in Apr-Jul to Rs 1.57 lakh crore

Last Updated: Wednesday, August 7, 2013, 15:37

Gross direct tax collections rose 13.27 percent to Rs 1.57 lakh crore in the April-July period.

FinMin asked to ensure NMIZ units enjoy tax sops post-DTC

Last Updated: Tuesday, July 23, 2013, 19:46

Seeking to give a push to the manufacturing sector, Commerce and Industry Ministry on Tuesday asked its finance counterpart to incorporate provisions concerning exemption to units in NMIZs from capital gains tax in the Direct Tax Code (DTC) Bill.

Net direct tax collections rise 6.44% in April-June period

Last Updated: Tuesday, July 9, 2013, 22:14

Net direct tax collections in April-June period rose by 6.44 percent to Rs 89,705 crore compared to Rs 84,247 crore in the same period last fiscal.

Net direct tax collections rise 6.44% in April-May period

Last Updated: Friday, June 7, 2013, 23:46

Net direct tax collections, which are gross collections minus refunds, stood at Rs 35,322 crore in April-May period of 2012-13 fiscal.

Unaccounted assets worth Rs 1400 crore detected

Last Updated: Sunday, May 5, 2013, 13:56

Stepping up its effort to unearth black money, the authorities have detected unaccounted income and assets worth over Rs 1,400 crore during the first three months of this year.