![Net direct tax collections grew 9.8% till mid-June](https://cdn.magzter.com/1547192204/1718650112/articles/VOFRf45ubq2QS5kLPRZsys/NET-DIRECT-TAX-COLLECTIONS-GREW-98-TILL-MIDJUNE.jpg)
Of the total tax collected until June 16, corporation tax accounted for 1.81 trillion, while personal income tax (I-T) stood at 2.69 trillion. This includes advance collections, which contributed ₹1.48 trillion during the period, they said. The first instalment of advance tax payment was due on June 15.
The tax collections until June 16, after adjusting net of refunds, are lower than the government's FY25 projection, which has provisioned 13 per cent growth for both corporate and personal I-T collection in the Interim Budget.
"These are the provisional figures and reflect payments until midnight of June 16," said the official cited above.
Bu hikaye Business Standard dergisinin June 18, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin June 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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