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PRESS RELEASE, DATED: 09-12-2017

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1 year 6 months ago #4110 by mamta
PRESS RELEASE, DATED: 09-12-2017 was created by mamta
PRESS RELEASE, DATED: 09-12-2017

December 09, 2017

Direct Tax Collections for F.Y. 2017-2018 show Growth of 14.4% up to November, 2017

The provisional figures of Direct Tax collections up to November, 2017 show that net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net collections for the corresponding period of last year. The Net Direct Tax collections represent 49% of the total Budget Estimates of Direct Taxes for F.Y. 2017-18 (Rs. 9.8 lakh crore). Gross collections (before adjusting for refunds) have increased by 10.7% to Rs.5.82 lakh crore during April-November, 2017. Refunds amounting to Rs. 1.02 lakh crore have been issued during April, 2017 to November, 2017.

(Surabhi Ahluwalia)
Commissioner of Income Tax
(Media & Technical Policy)
Official Spokesperson, CBDT.



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