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Tax: Latest News & Videos, Photos about Tax | The Economic Times

The collection of Securities Transaction Tax (STT) stands at Rs. 3427 Crore showing the growth of 4.04 percent. The Wealth Tax collection has posted a growth of 11.92 percent and stood at Rs. 742 crore as against Rs. 663 crore during the same period in last year. Gross collection of Personal income tax is up by 18.53 percent and stood at Rs.1,67,589 crore as against Rs. 1,41,385 crore during the same period in last year. Net direct tax collection is up by 12.53 percent and stands at Rs. 4,15,328 crore, as compared to Rs. 3,69,067 crore in the same period in the last fiscal. The collection of Securities Transaction Tax (STT) stands at Rs. 3427 Crore showing the growth of 4.04 percent. The Wealth Tax collection has posted a growth of 11.92 percent and stood at Rs. 742 crore as against Rs. 663 crore during the same period in last year. Gross collection of Personal income tax is up by 18.53 percent and stood at Rs.1,67,589 crore as against Rs. 1,41,385 crore during the same period in last year. Net direct tax collection is up by 12.53 percent and stands at Rs. 4,15,328 crore, as compared to Rs. 3,69,067 crore in the same period in the last fiscal. Assurance, tax and advisory firm Grant Thornton India LLP transaction advisory services partner Raja Lahiri on Tuesday said: November 2013 witnessed M&A and PE deal activity worth $ 2 billion, which is similar to the levels seen in September and October 2013. The deal activity currently remains moderate, which matches the overall economic sentiment…. more.
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