April-October Income Tax Collection Increases 22.5%

Kolkata: The Income Tax Department of West Bengal has already got 43 per cent of its annual tax collection aim for this fiscal, with the collections in the first six months (April-October) of this fiscal was up 22.5 per cent compared to same period last year. This year''s aim is higher at nearly Rs 11000 crore, compared to last year''s figure of Rs 9000 crore. The department was 36 per cent on target at this time last year, and finally achieved 96 per cent of the fiscal target. Of the total collections of around Rs 4730 crore, PIT contributed more than Rs 3000 crore.