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Net direct tax receipts dip 13.4% in Dec
Published January 7, 2009, 10:01 pm, Business Standard India
With the ongoing economic slowdown affecting the profits earned by companies, the net direct tax collections growth remained in the negative territory for the second consecutive month in December.
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Net direct tax receipts dip 13.4% in Dec - Business Standard
Initial estimates reveal net direct tax receipts dipped 13.4 per cent to Rs 52,749 crore in December 2008, compared with Rs 60,976 crore in December 2007. In November, the collections fell 36 per cent. Net direct tax collections refer to tax ...
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