Research of Indian Stock Market

Friday, July 8, 2011

Direct tax collection in Q1 up 24%

The country’s direct tax collection has increased almost 24% in

Q1 of the current fiscal year and stood at Rs.1041.36 bn as

compared to Rs.840.41 bn YoY. The corporate tax collection

also grew at a brisk 23.49% and stood at Rs.682.23 bn as

against Rs.552.44 bn in the same period last year.

 

Copyright M. Subramaniam