TIOL-DDT 754 · Tuesday, 4 December 2007 · story 6 of 8

45% growth in Income Tax Collections - 1.5 lakh Crores!

Has income increased or compliance increased? Either way the collections are soaring with the direct collection already at a staggering 1.45 Lakh Crores! Where are the new rich Indians staying? In personal income tax Madhya Pradesh region showed the highest growth with an increase of 157% followed by Modi's Gujarat at 68% and Andhra Pradesh at 56%. Corporate tax collections showed the highest growth in Guwahati - North East means business now. Even TDS collections have shown an increase of 50%.

Where is all this money going? The government must have spent more than five Crores of Rupees on removing that great doctor Venugopal from AIIMS - and you know we all paid for it!