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Tax collection figures for the period April -December 2016 show a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year i.e. April-December 2015

News and Press Release - Dated:- 9-1-2017 - Press Information Bureau Government of India Ministry of Finance 09-January-2017 12:53 IST Direct Tax and Indirect tax collection figures for the period April 2016 to December 2016 have shown a positive tre .....

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w that net collections are at ₹ 5.53 lakh crore which is 12.01% more than the net collections for the corresponding period last year. This collection is 65.3% of the total Budget Estimates of Direct Taxes for F.Y. 2016-17. As regards the growth .....

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collections is 4.4% while that in PIT collections is 24.6%. Refunds amounting to ₹ 1,26,371 crore have been issued during April-December, 2016, which is 30.5% higher than the refunds issued during the corresponding period last year. After accou .....

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at 10.6% while PIT advance tax has registered a growth of 38.2%. Indirect Taxes The figures for indirect tax collections (Central Excise, Service Tax and Customs) up to December 2016 show that net revenue collections are at ₹ 6.30 lakh crore, .....

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ood at ₹ 2.79 lakh crore during April-December, 2016 as compared to ₹ 1.95 lakh crore during the corresponding period in the previous Financial Year, thereby registering a growth of 43%. Net Tax collections on account of Service Tax durin .....

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