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Thursday, 6 September 2018

Forget surge in IT returns, direct tax growth disappoints

Direct tax collections grew by a meagre 6.6 per cent during April-July of the current financial year against the Budget target of 14.4 per cent for 2018-19. Corporation taxes, in particular, grew at just 0.57 per cent, the lowest in the first four months in at least seven years.

from Rediff News https://ift.tt/2oH35Ia

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