Direct tax collection increases by 11.38 percent



Government of India

Ministry of Finance

Department of Revenue

Central Board of Direct Taxes

New Delhi, 13th February, 2015

Gross direct tax collection during April-January of the Financial Year 2014-15 is up by 11.38 percent at Rs. 5,78,715 crore as against Rs. 5,19,588 crore collected during the same period last year. Gross collection of Corporate tax has shown an increase of 11.04 percent and stood at Rs. 3,64,665 crore as against Rs. 3,28,413 crore collected during the same period last year. Gross collection of Personal income tax is up by 11.32 percent and stood at Rs.2,07,613 crore as against Rs.1,86,502 crore collected during the same period last year. Securities Transaction Tax(STT) stands at Rs. 5556 crore at a growth of 44.12%. Net direct tax collections are up by 6.21 percent and stand at Rs. 4,74,488 crore, as compared to Rs. 4,46,756 crore in the same period in the last fiscal.

2. Advance tax collection has shown a growth of 13.26% during April-January of the FY 2014-15 as against the growth of 8.71% shown at the same time previous year. Growth in TDS is 7.79% as against 16.65% in the same period last year.

3. The Self-Assessment Tax shows a growth of 22.22% as against 10.94% in the same period last year. The growth in Regular Tax is 17.25% as against 24.14% in the same period last year.

(Rekha Shukla)

Commissioner of Income Tax (Media & Technical Policy)

Official Spokesperson, CBDT




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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.

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