Net income tax collection till June 15 grew at a healthy 26.2 per cent to ₹1,01,024 crore from across the country as of June 15 this fiscal from ₹80,075 crore in the year ago period.
Among the metros, the Mumbai zone registered the highest revenue collection growth during the period with a growth of a whopping 138 per cent at ₹22,884 crore from ₹9,614 crore a year ago, sources at the Income-Tax Department here told PTI today.
The Mumbai zone contributes over one-third of nationwide direct tax collections.
The New Delhi zone, which is the second largest contributor to the national kitty, registered a 38 per cent growth at ₹11,582 crore during the period, from ₹8,334 crore a year ago. The Kolkata zone posted a 7-per-cent increase in net revenue collection at ₹4,084 crore from ₹3,815 crore a year ago, the sources said.
Similarly, the Bengaluru zone mopped up ₹14,923 crore against ₹13,973 crore last year, up 6.8 per cent.
However, net revenue collection from the Chennai zone saw a decline during the period with mop-up slipping to ₹8,591 crore from ₹8,986 crore a year ago.
Pune registered a 19-per-cent rise in net revenue collection at ₹6,163 crore during the period, whereas Thane’s revenue was up by 11 per cent.
The I-T Department allows corporates and individuals to stagger their tax payout on the 15th of the last month of every quarter.
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