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Direct Tax Collections upto July, 2016 indicate net revenue collections of ₹ 1.59 lakh crore; thus registering an increase of 24.01% over the corresponding period last year ; 18.82% of the Budget Estimates of direct taxes for FY 2016-17 achieved till July 2016 Refunds amounting to ₹ 64,181 crore have been issued during April-July, 2016, which is10.43% higher than the refunds issued during the corresponding period last year

News and Press Release - Dated:- 10-8-2016 - The figures for direct tax collections upto July, 2016 show that net revenu .....

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last year. Till July, 2016, 18.82%of the Budget Estimates of direct taxes for FY 2016-17 has been achieved. As regards t .....

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growth rate under CIT is 11.65% while that under PIT (including STT etc.) is 31.47%. However, after adjusting for refun .....

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