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Net Direct Tax Collection Touches Rs 2.60 Lakh Crore This Fiscal

Monday, 29 September 2014, 22:44 IST
By SiliconIndia
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NEW DELHI: Net direct tax collection so far in the current fiscal stood at Rs 2.60 lakh crore, said a senior finance ministry official.



The gross direct tax collection till September 26, 2014-15 fiscal, was at Rs 3.37 lakh crore.



Net direct tax collection touches Rs 2.60 lakh crore this fiscal Sunday 28th September 2014, 12:13 PM, Personal income tax realisation stood at 1.01 lakh crore. Besides, collection of STT and Wealth Tax stood at Rs 3,222 crore .



Of this, corporate tax contributed was Rs 1.55 lakh crore during the period, the official said.



Personal income tax realisation stood at 1.01 lakh crore. Besides, collection of Securities Transaction Tax ( STT) and Wealth Tax stood at Rs.3,222 crore and Rs.357.5 crore respectively.



Paychex, Inc. Reports First Quarter Results Wednesday 24th September 2014, 12:30 PM, Paychex, Inc. today announced total service revenue of $656.6 million for the three months ended August 31, 2014 , an increase of 9 percent from $603.1 million for the same period last year.



The government has targeted to raise Rs.7.36 lakh crore from direct taxes in 2014-15, up from over Rs.6.36 lakh crore collected last fiscal.

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