It is about . 1,40,000 crore from across the country; Tax collected from Mumbai up 13.5% to . 40,200 crore
India’s direct tax collection rose 12% year-on-year in the five months to August but remained far below the projected growth target of 20% for the fiscal, offering policymakers only a temporary respite in times of deepening economic gloom.
Collection from across the country totalled about . 140,000 crore until August 29, according to data collated by the income tax department. Of this, corporate tax collection accounted for . 70,000 crore and income tax . 67,000 crore, the data showed.
Collection from across the country totalled about . 140,000 crore until August 29, according to data collated by the income tax department. Of this, corporate tax collection accounted for . 70,000 crore and income tax . 67,000 crore, the data showed.
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