Wires

India's Apr-Sept direct tax receipts up 5.9 pct y/y

New Delhi, Oct 10 (Reuters) - India's gross direct taxreceipts rose about 5.9 percent to 2.7 trillion rupees ($51.11billion) during the first half of the current fiscal year, froma year earlier, on higher income tax and wealth tax revenues, agovernment release said.

While gross income tax receipts rose nearly 15 percentduring the period from a year earlier, wealth tax collectionsjumped around 54 percent, the release said on Wednesday.

India aims to raise 10.77 trillion rupees in gross taxreceipts in the 2012/13 fiscal year through direct and indirecttaxes, compared with 8.9 trillion rupees in the last fiscalyear.

($1 = 52.8250 Indian rupees)

(Reporting by Arup Roychoudhury; editing by Malini Menon)

((arup.roychoudhury@thomsonreuters.com; +91 11 4178 1007;Reuters Messaging:arup.roychoudhury.thomsonreuters.com@reuters.net))

Keywords: INDIA ECONOMY/ TAX