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Advance tax collection up 52% in September quarter, shows CBDT data

Current mop-up 14.6% higher than the 2019-20 level of Rs 2.21 trillion

Topics
advance tax | CBDT | Finance Ministry

Dilasha Seth  |  New Delhi 



Gross collection at Rs 6.45 trillion is 47 per cent higher than last year. This includes corporation tax of Rs 3.58 trillion and personal income tax, including securities transaction tax, of Rs 2.86 trillion.
Gross collection at Rs 6.45 trillion is 47 per cent higher than last year. (Illustration: Ajay Mohanty)

collection during the second quarter of the fiscal year grew over 50 per cent over the equivalent period in 2020-21, providing the government with additional spending power to fuel economic recovery after the disruption caused by the second Covid-19 wave earlier this year.

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First Published: Sat, September 25 2021. 01:45 IST

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