Friday, Mar 29, 2024 | Last Update : 10:13 AM IST

tax collection

Govt sets Rs 1.1 lakh cr monthly GST collection target; asks taxmen to buckle up

Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.

17 Dec 2019 5:43 PM

Gross direct tax collection rises by 5 per cent till Nov: Sitharaman

The main objective of the reduction in corporate tax was aimed at attracting fresh investment in the manufacturing sector.

02 Dec 2019 7:21 PM

Corporate tax cut is a signal to structural reforms: CEA

I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.

02 Oct 2019 6:36 PM

Don't overreach, overstate: FM to tax authorities

To a question about GST reduction, FM said she was willing to hear everybody, "but it is not in my hands as it has to go to the GST council.

28 Aug 2019 9:27 AM

Budget 2019: High-end income group people need to pay 3 pc to 7 pc more annually

Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current account in a year.

05 Jul 2019 2:57 PM

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Direct tax collection falls short, CBDT raises alarm

CBDT frames policy for the I-T dept and is also its controlling authority that functions from the North Block in the Finance Ministry.

28 Mar 2019 10:56 AM

Govt banking on advance tax collection to meet direct tax target of Rs 12 lakh cr

Government had earlier estimated Rs 11.5 lakh crore mop-up from direct tax collection.

15 Mar 2019 3:02 PM

New CBDT boss asks I-T dept to maximise revenue collection, get more taxpayers

Tax department has been given a target in Union budget to collect Rs 11.5 lakh cr revenue under the direct taxes category.

28 Feb 2019 11:17 AM

Rising revenue trend prompted govt to peg 18 pc rise in FY20 GST collections: Secy

The collection during this fiscal would be less by Rs 1 lakh crore from the Rs 7.43 lakh crore estimated in the budget for 2018-19.

03 Feb 2019 5:18 PM

Budget 2019: Direct tax collection shoots up to Rs 12L cr from Rs 6.38 lakh cr

GST collections in January 2019 has crossed Rs 1 lakh crore.

01 Feb 2019 1:43 PM

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Direct tax mop up rises 14.1 pc to Rs 8.74 lakh cr in Apr-Dec 2018

The gross collections for corporate tax is 14.8 per cent while that for personal income tax is 17.2 per cent.

07 Jan 2019 1:06 PM

Direct tax collections surge 15.7 pc to Rs 6.75 lakh cr in Apr-Nov

Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal.

10 Dec 2018 12:52 PM

Rs 29,088 crore indirect tax evasion detected during April-Oct

The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore.

21 Nov 2018 3:36 PM

Revenue dept plans linking e-way bill with FASTag to check GST evasion

The integration of the e-way bill system with FASTag and LDB is expected to help boost tax collections.

19 Nov 2018 3:04 PM

Modi calls for 'tax-plus one' system of honest tax payment

During 2017-18 fiscal, the direct tax to GDP ratio at 5.98 per cent is the best in the last 10 years.

25 Oct 2018 11:12 AM

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Number of direct taxpayers may double to 7.6 cr during 5 yrs: Jaitley

The number of direct taxpayers was 3.8 crore when the Modi-led government took office in May 2014.

12 Oct 2018 12:35 PM

Gross direct tax collection grows 16.7 pc to Rs 5.47 lakh crore in Apr-Sept

The Central Board of Direct Taxes has collected Rs 2.10 lakh crore as advance tax.

04 Oct 2018 12:39 PM

E-commerce cos will have to register in every state for collecting TCS

E-commerce companies will from Oct 1 have to deduct 1 per cent tax collected at source before making payments to their suppliers.

29 Sep 2018 11:23 AM

Hope to cross Rs 11.5 lakh cr direct tax collection target for FY19: CBDT chief

Direct tax collections grew a paltry 4.2 per cent on year to Rs 1.54 lakh crore in April-June.

17 Sep 2018 3:33 PM

Confident of strictly maintaining fiscal deficit at 3.3 per cent: Jaitley

Finance Minister also expressed the government's confidence in maintaining a growth rate higher.

17 Sep 2018 10:58 AM

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