Mumbai: Apart from the center of collecting 74 percent of taxes that are more direct so far so far this fiscal is based on the annual basis at the RS 5.70 lakh Crore, it also borrows 58 percent of the budgeted amount by selling RS 58 7.02 lakh crore debt effect on the market .
While at the weekly auction of the early government securities on the day on Friday, he puts RS 31,000 Crore in long-term and short-term debt with an average price of 6.15 percent, later on, the income department said the net personal income tax and tax collection The company jumped 74 percent full to RS 5.70 lakh crore so far this fiscal, was mainly driven by advance tax and TDS payment.
Langsan Net Tax Mop-up (after reducing the refund of the dirty collection) between April 1 and September 22 is Rs 5,70,568 Crore, growth of 74.4 percent more than Rs 3.27 lakh Crore collected in the last fiscal period last, agency Direct tax center said in a statement.
Moreover, the net collection is 27 percent full of more than Rs 4.48 lakh Crore that has been collected in FY20 – or the pre-pandemic period.
In addition, it has collected a number of tax records indirectly by GST (which has become the topping of RS 1 Lakh’s Crore in almost every month) and recorded the task of oil products at Rs 94,181 Crore in the first quarter behind the fuel record tax that generates 88 income Percent higher than the previous financial year.
According to the ratings of care, weekly auctions currently see government loans Rs 31,000 Crore by selling 5, 13, 14 and 30 years of securities.
With this, the market loan so far this fiscal is Rs 7.02 Lakh Crore, which is 8 percent less than the last fiscal time when Rs 7.66 lakh crore, and Rs 12,652 Crore is less than the amount notified of the auction so far this.
Different, the debt that was appointed so far in FY22 was 58 percent of the total loan boundaries budgeted by Rs 12.05 Lakh Crore for the fiscal year and 52 percent if GST compensation against countries by Rs 1.58 lakh Crore added to the loan limit for This year, the report said.
Cross-weighted average results down by 4 bps to 6.15 percent during the previous week and 31 bps lower than the peak that was touched in early August when dumped to 6.46 percent on August 6, said Head of Madan Economist Sabnavis.
It can be noted that the government collects Rs 32.90 in customs in each liter of gasoline which sells more than Rs 100 per liter for months and RS 31.80 in one liter of diesel since last April and has collected the Crore RS 3.35 Lakh FY21 defeat when the mop excise total rose only RS 3.89 lakh crore, from Rs 1.78 lakh crore at FY20.
In TA19, customs on gasoline and diesel are Rs 2.13 Lakh Crore.
CBDT said gross direct tax collection so far this fiscal stands above RS 6.45 Lakh Crore, 47 percent full of more than Rs 4.39 lakh Crore Mopped in the same period last year and 16.75 percent more than the same period at FY20 At that time Rs 5.53 lakh crore.
Of the total mop-up RS 2.53 Lakh Crore is a facial tax and taxes deducted on RS source 3.19 lakh crore.
Self-assessment Tax worth RS 41,739 Crore, Regular Rating Taxes of Rs 25,558 Crore, Dividend Distribution Tax Rs 4,406 Crore and Taxes under other small heads Rs 1,383 Crore reached the MOP level – up to 74 percent more than last year.
Face tax collection so far this fiscal is Rs 2,53,353 Crore up 56 percent from RS 1,62,037 Crore a year ago.
Advance tax collection consists of corporate tax Rs 1.96 lakh crore and personal income tax RS 56,389 Crore.