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Advance Tax collections for the F.Y. 2021-22 (Till 3rd Installment) stand at ₹ 4,59,917.10 crore as on 16.12.2021 which shows a growth of approximately 53.50%

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..... Advance Tax collections for the F.Y. 2021-22 (Till 3rd Installment) stand at ₹ 4,59,917.10 crore as on 16.12.2021 which shows a growth of approximately 53.50% - News and Press Release Dated:- 18-12-2021 - News - Advance Tax collections for the F.Y. 2021-22 (Till 3rd Installment) stand at ₹ 4,59,917.10 crore as on 16.12.2021 which shows a growth of approximately 53.50% Net Direct .....

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..... Tax collections for the F.Y. 2021-22 grown at robust pace at more than 60% Refunds aggregating to ₹ 1,35,093.6 crore issued in the current fiscal The figures of Direct Tax collections for the Financial Year 2021-22, as on 16.12.2021 show that net collections are at ₹ 9,45,276.6 crore compared to ₹ 5,87,702.9 crore over the corresponding period of the preceding financia .....

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..... l year i.e FY 2020-21, representing an increase of 60.8% . The net collection (as on 16.12.2021) in FY 2021-22 has registered a growth of 40% over the corresponding period of FY 2019-20 when the net collection was ₹ 6,75,409.5 crore, and a growth of 40.93% over the corresponding period of FY 2018-19 when the net collection was ₹ 6,70,739.1 crore. The Net Direct Tax collection of .....

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..... ₹ 9,45,276.6 crore (as on 16.12.2021) include Corporation Tax (CIT) at ₹ 5,15,870.5 crore (net of refund) and Personal Income Tax (PIT) including Security Transaction Tax (STT) at ₹ 4,29,406.1 crore (net of refund). The gross collection of Direct Taxes (before adjusting for refunds) for the F.Y. 2021-22 (as on 16.12.2021) stands at ₹ 10,80,370.2 crore compared to  .....

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..... 377; 7,33,715.2 crore in the corresponding period of the preceding financial year. The gross collection for the F.Y. 2019-20 was ₹ 8,34,398 crore and that for F.Y. 2018-19 was ₹ 7,96,342 crore in the corresponding period. The gross collection of ₹ 10,80,370.2 crore includes Corporation Tax (CIT) at ₹ 6,05,652.6 crore and Personal Income Tax (PIT) including Security Trans .....

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..... action Tax(STT) at ₹ 4,74,717.6 crore. Minor head wise collection (as on 16.12.2021) comprises Advance Tax of ₹ 4,59,917.1 crore, Tax Deducted at Source of ₹ 4,93,171.7 crore, Self-Assessment Tax of ₹ 74,336.2 crore; Regular Assessment Tax of ₹ 44,028.7 crore; Dividend Distribution Tax of ₹ 6,525.9 crore and Tax under other minor heads of ₹ 2390.6 crore. .....

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..... The cumulative Advance Tax collections for the first, second and third quarter of the F.Y. 2021-22 stand at ₹ 4,59,917.1 crore as on 16.12.21 , against Advance Tax collections of ₹ 2,99,620.5 crore for the corresponding period of the immediately preceding Financial Year i.e 2020-21, showing a growth of 53.5%( approx). Further, the cumulative Advance tax collection of ₹ 4,59,9 .....

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..... 17.1 crore as on 16.12.2021 (FY 2021-22) shows a growth of 44.21% over the corresponding period in FY 2019-20 when the advance tax collection(cumulative) was ₹ 3,18,929.4 crore and a growth of 49.76 % over the corresponding period in FY 2018-19 when the advance tax collection(cumulative) was ₹ 3,07,096.3 crore. The Advance tax figure of ₹ 4,59,917.1 crore as on 16.12.2021 .....

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..... comprises Corporation Tax (CIT) at ₹ 3,49,045.4 crore and Personal Income Tax (PIT) at ₹ 1,10,871.7 crore. This amount is expected to increase as further information is awaited from Banks. Refunds amounting to ₹ 1,35,093.6 crore have also been issued in the F.Y. 2021-22 so far. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxman .....

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..... agementindia.com - TMI - TaxTMI - TMITax .....

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