Government collects Rs 1.01 lakh cr from excise, Rs 2.41 lakh cr from income tax in Q1

  • July 20, 2021
  • CA Chandan Agarwal's Office

Giving details of direct tax collection, Chaudhary said in the first three months (April-June) of the current fiscal year, nearly Rs 1.21 lakh crore and over Rs 1.20 lakh crore was collected as corporate tax and personal income tax (PIT) , respectively.

The government has collected over Rs 1.01 lakh crore in excise duty in April-June period, while direct tax collection stood at over Rs 2.41 lakh crore, the Finance Ministry said on Monday. Giving details of tax collected, Minister of State for Finance Pankaj Chaudhary in Lok Sabha said Rs 41,831 crore was collected from Customs duty and Rs 1,01,564 crore from excise duty.

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