Direct Tax collection upto January is Rs. 5,76,408 crore; Budget Estimates fixed for direct taxes are Rs. 9,80,000 crore
By Taxscan Team - On February 3, 2017 7:20 pm
Total direct tax collections up to 16th January 2017 amount to Rs. 5,76,408 crore. For the financial year 2017-18, the Budget Estimates fixed for direct taxes are Rs. 9,80,000 crore.
As per Receipt Budget 2017-18, the Budget Estimates for direct taxes have been fixed at Rs. 9,80,000 crore, including Rs. 5,38,745 crore for Corporation Tax and Rs. 4,41,255 crore for Taxes on Income.
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