Net direct tax collection (after adjusting refunds) rose 15.3 per cent to ₹15.72 trillion till March 16 this fiscal year so far, buoyed by an upsurge in advance tax mop-up, people close to the development told Business Standard.
With this, tax collection is 95.2 per cent of the revised target of 16.5 trillion and 10 per cent above the Budget Estimate of ₹14.2 trillion.
As on March 16, on a net basis, corporate tax collection stood at 8.11 trillion and personal income tax ₹7.32 trillion.
These include the advance tax collection of ₹27.40 trillion.
Securities transaction tax collection is at ₹24,093 crore against the revised target of ₹25,000 crore.
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