CBDT: Direct tax collections upto July 2017 register 19.1% growth

Aug 10,2017

CBDT press release reveals net direct tax collections up to July, 2017 at Rs. 1.90 lakh crore thereby registering a growth of 19.1% as compared to net collections for the corresponding period last year; CBDT states that till July, 2017, 19.5% of current year’s budget estimates has been achieved; Growth rates for corporate and personal income tax (in terms of gross revenue collections) stands at 7.2% and 17.5% respectively, whereas the net growth post adjustment ...

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