Tuesday, April 15, 2008

DIRECT TAX COLLECTION TOP RS. 3 LAKH CRORE

For the First time, the Center’s net direct tax collection have crossed Rs 3- Lakh Crore mark.
To grasp the significance of the milestone, one needs to go back only 15 year or so. In 1990-91,
the center’s net direct tax collection were about Rs 11000 crore, which was only about one-fifth of the centre’s entire tax kitty.

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