Direct tax collection up 12.33% for 9 months April-December

Gross direct tax series rose 12. 33 per cent to Rs four. 81 lakh crore through the first nine months with this financial year.

One on one tax collections totalled Rs four. 29 lakh crore through the April-December period within 2012-13.

Net direct tax collections went up by 12. 53 per cent to Rs four. 15 lakh crore through the period this calendar year, compared with Rs 3. 69 lakh crore in the year-ago period, the finance ministry said inside a statement on Friday.

The gross variety of corporate taxes improved 9. 35 per cent to Rs 3. 1 lakh crore from Rs 2. 84 lakh crore, this ministry said.

Gross variety of personal income levy was up 17. 53 per nickle to Rs 1. 67 lakh crore in the first nine a few months from Rs 1. 41 lakh crore.

Securities Transaction Tax mop-up endured at Rs 3, 427 crore. Wealth tax collection posted a rise of 11. 92 per cent to Rs 742 crore from Rs 663 crore.

The government had set a primary tax collection concentrate on of over Rs 6. 68 lakh crore pertaining to 2013-14, envisaging a rise of 19 per cent from Rs 5. 65 lakh crore within 2012-13.

Meanwhile, Finance Minister G Chidambaram on Friday met chief commissioners coping with both direct and also indirect taxes to look at stock of this revenue mop-up.
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