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I-T, corporate tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 Top Searches I-T, corporate tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 PTI / Apr 9, 2021, 19:54 IST FacebookTwitterLinkedinEMail NEW DELHI: Income tax and corporate tax collections at Rs 9.45 lakh crore in the fiscal year ended March 31 exceeded the revised target by 5 per cent but were 10 per cent lower than the direct tax collections in the previous year, tax department head said on Friday. The government had projected Rs 13.19 lakh crore from direct taxes in the budget for 2020-21 pr...

The provisional figures of Direct Tax collections for the Financial Year 2020-21 show that net collections are at Rs. 9.45 lakh crore. The net Direct Tax collections include Corporation Tax (CIT) at Rs. 4.57 lakh crore and Personal Income Tax(PIT) including Security Transaction Tax(STT) at Rs. 4.88 lakh crore. The net Direct Tax collections represent 104.46% of the Revised Estimates of Rs. 9.05 lakh crore of Direct Taxes for the F.Y. 2020-21. The Gross collection of Direct Taxes(before adjusting for refunds) for the F.Y. 2020-21 stands at Rs. 12.06 lakh crore. This includes Corporation Tax(CI...

Direct tax collection up 5% at Rs 9.45 lakh cr in FY21: CBDT Total direct tax collection before adjusting for refunds for FY21 stands at Rs 12.06 lakh crore, including corporation tax at Rs 6.31 lakh crore and personal income tax, including security transaction tax at Rs 5.75 lakh crore BusinessToday.In | April 9, 2021 | Updated 13:36 IST Despite an extremely challenging year amid Covid-19, the advance tax collections for FY21 grew 6.7% to Rs 4.95 lakh crore, says FinMin Direct tax collections for the financial year 2020-21 stand at Rs 9.45 lakh crore, which exceeds the revised estimates in ...

FY21 net tax collection at Rs 9.45L cr, exceeds revised estimates ​ By IANS | ​ 5 Views Ministry of Finance. (File Photo: IANS). Image Source: IANS News New Delhi, April 9 : The provisional figures of direct tax collections for the financial year 2020-21 showed that net collections are at Rs 9.45 lakh crore. The net collection is around 5 per cent higher than the revised estimates for the 2020-21. The net direct tax collections include corporation tax (CIT) at Rs 4.57 lakh crore and personal income tax (PIT), including security transaction tax (STT) at Rs 4.88 lakh crore. "The net direc...