Direct Tax Collections up to October, 2016 show an increase of 10.6%; Net Direct Collections stood at 3.77 lakh crore;44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved

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..... Direct Tax Collections up to October, 2016 show an increase of 10.6%; Net Direct Collections stood at 3.77 lakh crore;44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved

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..... >News and Press Release
Dated:- 10-11-2016

The figures for Direct Tax Collections up to October, 2016 show that net collections are at ₹ 3.77 lakh crore which is 10.6% more than the ne .....

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..... t collections for the corresponding period last year. Till October, 2016, 44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved. As regards the growth rates for Corporate Inc .....

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..... ome Tax (CIT) and Personal Income Tax (PIT), in terms of gross revenue collections, the growth rate under CIT is 11.6% while that under PIT (including STT etc.) is 18.6%. However, after adjusting for .....

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..... refunds, the net growth in CIT collections is 5.0% while that in PIT collections is 18.4%. Refunds amounting to ₹ 93,836 crore have been issued during April-October, 2016, which is 32.2% higher .....

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..... than the refunds issued during the corresponding period last year.
News - Press release - PIB .....

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