Gross Direct Tax Collections 2013 gross direct tax food price inflation

Gross Direct Tax Collections during April-October in 2013-14 up by 11.58 Percent

The Gross Direct Tax of India during the April to October 2013-14 financial year in the same period in 2012-13 financial year the gross direct tax was 302844 crore rupees. 

Whereas, the Gross Collection of Corporate taxes from April to October 2013-2014 financial year has increased by 8.23 percent and stood at 209622 crore rupees.


But the Gross Collection of Corporate taxes was 193679 crore rupees in the same period of financial year 2012-13. 

2.October CPI rises to 10.09%, food price inflation at 12.56%

The Consumer Price Index (CPI) for the month of October rose to 10.09% versus 9.84% in September. The consumer food price inflation was reported at 12.56% versus 11.44% in September.

The urban inflation for the month of October came in at 10.2% versus 9.93% in September.

Commenting on the higher-than-expected CPI number, C Rangarajan of PMEAC said, "CPI at over 10% is a disturbing sign. Growth in CPI is due to a rise in food inflation.

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