Gross direct tax collection during April-January of the current fiscal was up by 14.57% at Rs.4,25,274 crore as against Rs.3,71,188 crore in the same period last fiscal. While gross collection of corporate taxes was up 11.87% (Rs.2,85,837 crore against Rs.2,55,514 crore last year), gross collection of personal income tax was up by 20.43% (Rs.1,38,730 crore against Rs.1,15,192 crore last year).
Net direct tax collections stood at Rs.3,46,959 crore, up from Rs.3,17,500 crore in the same period last fiscal, registering a growth of 9.28%.
Growth in wealth tax was 45.11% (Rs.682 crore against Rs.470 crore), while growth in securities transaction tax (STT) was -27.19% (Rs.4,145 crore against Rs.5,693 crore).