Corporation tax collections have surpassed personal income tax collections. This has led to a growth of 4.2% in gross direct tax collections until mid-December. The overall tax kitty has crossed Rs 20 lakh crore. This development signals strong corporate earnings. However, a fall in refunds has resulted in an 8% rise in net direct tax collections.
- News Source Indiatimes (Click to view full news): CLICK HERE
0 Comments:
Leave a Reply