UP govt to conduct grand roadshows in India and abroad for Maha Kumbh
Apart from this, approval has been granted for the purchase of 220 vehicles for the event.
Direct tax collections in the current fiscal, up to January, have risen to Rs 6.95 lakh crore, which is up 19.3 per cent over the same period last year, the Finance Ministry announced on Friday.
The growth rate for net collections for corporate income tax is 19.2 per cent and for personal income tax is 18.6 per cent, as per the provisional figures issued by the ministry.
The net direct tax collections of Rs 6.95 lakh crore represent 69.2 per cent of the revised estimates of direct taxes for fiscal 2017-18, which is Rs 10.05 lakh crore.
Advertisement
Accounting for refunds amounting to Rs 1.26 lakh crore issued between April 2017 and January 2018, the gross direct tax collections have increased by 13.3 per cent to Rs 8.21 lakh crore in the 10-month period.
Advertisement