Direct tax collection grows by a meagre 7.14 percent



Gross Direct Tax Collection Figures for April-November 2012-13 Up by 7.14 Percent at Rs. 3,25,696 Crore as Against Rs. 3,04,002 Crore in the Same Period Last Year

Gross direct tax collections during April-November of the Financial Year 2012-13 was up by 7.14 percent at Rs. 3,25,696 crore as against Rs. 3,04,002 crore in the same period last year. While gross collection of corporate taxes showed an increase of 3.00 percent and stood at Rs. 2,05,301 crore as against Rs. 1,99,317 crore during the same period last year. Gross collection of personal income tax was up by 14.94 percent and stood at Rs.1,19,736 crore as against Rs.1,04,176 crore during the same period last year. Net direct tax collections was up by 15.04 percent and stood at Rs.2,70,731 crore, as compared to Rs. 2,35,333 crore during the same period in the last fiscal.

Growth in net collections of wealth tax was by 27.10 percent and stood at Rs.619 crore as against Rs.487 crore during the same period last year, while growth in securities transaction tax (STT) was (-) 12.83 percent and stood at Rs.2,914 crore as against Rs.3,343 crore during the same period in last fiscal.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :


More »

Popular News





CCI Pro



Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details