Home » tax collection

You Searched For "tax collection"

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

I-T collection up 13 pc in Bengal and Sikkim in April-January

Target for 2017-18 is Rs 41,891 crore and the department has been able to collect 69 per cent of the target till now.

11 Jan 2018 7:14 AM

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Direct tax collections rise 18.2 per cent in April-December

Net direct tax collections represent 67 per cent of total Budget Estimates of direct taxes for FY 2017-18.

9 Jan 2018 6:35 AM

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Govt collects Rs 7.41 lakh cr from GST in FY18

The average monthly collection has been Rs 89,885 crore during the August-March period.

27 April 2018 6:34 AM

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

19.83 per cent growth in revenue collections in Q1 of this fiscal

In the first quarter of the 2017-18 fiscal, the state achieved revenue of Rs 13,374.25 crore.

7 July 2018 6:21 AM

Krishnamurthy Subramanian

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.

2 Oct 2019 1:06 PM

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

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

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 12:13 PM

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

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...

2 Dec 2019 1:51 PM

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

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.

7 Jan 2019 7:36 AM

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

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

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

28 Feb 2019 5:47 AM

Goods and Service Tax

Rising revenue trend prompted govt to peg 18 pc rise in FY20 GST...

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

3 Feb 2019 11:48 AM

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

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

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

1 Feb 2019 8:13 AM

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

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...

28 March 2019 5:26 AM