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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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..... 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 achi .....

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

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..... the net 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 Corp .....

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..... orate Income 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 adjus .....

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..... ting for 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 .....

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..... % higher than the refunds issued during the corresponding period last year. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T .....

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..... axTMI - TMITax .....

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