October 10, 2012 9:26 PM

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Gross direct tax collection swells up 5.87 pc in Apr-Sept

Gross direct tax collection during first six months of current financial year was up by 5.87 percent at 2,72,133 crore rupees. It was over 2,57, 000 crore rupees in the same period last year. While gross collection of corporate taxes increased to 1,78,173 crore rupees from 1,75,360 crore rupees and gross collection of personal income tax was up by 14.87 percent.An official release says that gross collection of personal Income tax rose to 93,451 crore rupees.It says that net direct tax collections stood at 2,26,603 crore rupees, as compared to 1,94,812 crore rupees in the same period in the last fiscal.

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