New Delhi [India], February 2 (ANI): The revised estimate for direct tax collection this year is Rs 9.05 lakh crore, out of which Rs 6.63 lakh crore, have been collected, said Central Board of Direct Taxes (CBDT) Chairman Pramod Chandra Mody on Monday.
New Delhi [India], June 7 (ANI): The Central Body of Direct Taxes (CBDT) on Sunday informed that net direct tax collection for the FY 2019-20 was less than that in comparison to FY 2018-19 but highlighted that this fall in the collection of direct taxes is on "expected lines" and is "tempora
New Delhi [India], Dec 20 (ANI): In furtherance of its concerted efforts to augment tax collection in the coming four months, the Department of Revenue on Friday conducted here a high-level meeting of senior Income Tax officials to strategise and achieve direct tax collection target of Rs 13
New Delhi [India], July 30 (ANI): The number of non-corporate assessees increased from 4.37 crore in 2016-17 to 5.38 crore in 2017-18, marking an increase of 23.1 per cent, the Comptroller and Auditor General (CAG) of India said on Tuesday.
New Delhi [India], May 7 (ANI): Direct tax collections fell short by Rs 82,000 crore at Rs 11.18 lakh crore during 2018-19 with lower corporate tax collection as one of the reasons.
New Delhi [India], Apr 20 (ANI): Failing to meet direct tax collections target, the Income Tax (I-T) Department has started surgical strikes against cash transactions.
New Delhi [India], Apr 5 (ANI): The Income tax department on Thursday claimed certain news items in a section of media regarding spike in the income tax "stop filers" could be due to loss of jobs or income drop due to fall in economic activity under the impact of demonetisation as "totall
New Delhi [India], Feb 1 (ANI): Direct tax collections have moved up from Rs 6.38 lakh crore in 2013-14 to almost Rs 12 lakh crore while the tax base swelled from 3.79 crore to 6.85 crore, Finance Minister Piyush Goyal said on Friday.
New Delhi [India], Dec 10 (ANI): The provisional figures of Direct Tax collections up to November, 2018 show that gross collections are at Rs. 6.75 lakh crore which is 15.7 percent higher than the gross collections for the corresponding period of last year.
New Delhi [India], Oct 4 (ANI): The provisional figures of Direct Tax collections up to September (half-yearly figures) witnessed gross collections worth Rs. 5.47 lakh crore which is 16.7 per cent higher than the gross collections for the corresponding period of last year.
New Delhi [India], Jul 01 (ANI): Union Minister Arun Jaitley on Sunday said that after the implementation of the Goods and Service Tax (GST), there was an increase of 18 percent in Direct tax collections.
New Delhi [India], Apr. 2 (ANI): The provisional figures of Direct Tax collections for Financial Year 2017-18 witnessed a 17.1 percent increase compared to net collections for FY 2016-17, the Central Board of Direct Taxes (CBDT) said on Monday.