Tag: India net direct tax collection

Personal income tax receipts constituted 60.2% of the net collections, while corporate taxes yielded 36.6% of net revenues. File | Photo Credit: Reuters Growth in India’s net direct tax collections slowed slightly to 19.54% by July 11, relative to a 21% rise recorded by June 17, with revenues hitting ₹5.74 lakh crore, the Income Tax…

Read More “Net tax receipts up 19.5%, corporate tax share at 36.6%” »

Personal income tax receipts constituted 60.2% of the net collections, while corporate taxes yielded 36.6% of net revenues. File | Photo Credit: Reuters Growth in India’s net direct tax collections slowed slightly to 19.54% by July 11, relative to a 21% rise recorded by June 17, with revenues hitting ₹5.74 lakh crore, the Income Tax…

Read More “Net tax receipts up 19.5%, corporate tax share at 36.6%” »