India Apr-Oct direct tax receipts up 4 pct y/y-finmin

NEW DELHI, Nov 5 - India's April-October direct tax receipts rose 3.9 percent from a year earlier to 1.73 trillion rupees, the finance ministry said in a statement on Thursday, reflecting modest profit growth of firms.

Corporate tax collections were up 4.6 percent to 1.1 trillion rupees in the first seven months of FY10, while income tax receipts grew 2.9 percent to 631.95 billion rupees, it said.

For the month of October, direct tax receipts were at 208.22 billion rupees, slightly above 197.08 billion rupees a year ago.