Showing a positive growth, net direct tax collections in April-May period rose by 6.44 per cent at Rs 37,596 crore compared to the same period last fiscal.
Net direct tax collections, which are gross collections minus refunds, stood at Rs 35,322 crore in April-May period of 2012-13 fiscal.Gross direct tax collections rose by 21.10 per cent to Rs crore in April-May period of 2013-14 fiscal year from a year-ago period, an official statement said.During April-May period, the gross collection of corporate taxes went up by 14.91 per cent to Rs 27,957 crore.
The same stood atRs 24,329 crore in the corresponding period last fiscal.