Search For "tax collection"
Finance Bill 2020 proposes amendment to levy 5 pc tax on overseas remittan
Updated : 6 years ago IST
New Delhi [India], Feb 14 (ANI): The Finance Bill 2020 has proposed an amendment to Section 206C to levy 5 per cent tax collection at source (TCS) on overseas remittance and for the sale of the overseas tour package.
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Revenue Department holds high-level meeting to Rs 13.5 lakh cr direct tax
Updated : 6 years, 2 months ago IST
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
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Govt eyeing to collect Rs 1.10 lakh crore monthly GST, sets target
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 17 (ANI): The Department of Revenue is eyeing to collect at least Rs 1.10 lakh crore as monthly Goods and Services Tax (GST) collection for the next four months each.
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Hopeful of achieving 13.35 lakh crore tax collection target, says CBDT Cha
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 14 (ANI): Central Board of Direct Taxes (CBDT) Chairman PC Mody on Thursday expressed hope that the body will able to achieve the target of tax collection given to them at the beginning of this year.
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Corporate tax cuts to immensely benefit Mumbai, Maharashtra: Devendra Fadn
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 23 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Monday said the Union government's decision to cut corporate tax rates will immensely benefit Mumbai as it contributes 35 per cent of the total corporate tax collections in the country.
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Sitharaman asks tax collectors not to overreach
Updated : 6 years, 6 months ago IST
Pune (Maharashtra) [India], Aug 27 (ANI): In order to help entrepreneurs to carry out their business, Finance Minister Nirmala Sitharaman on Tuesday said she has directed the tax administrators to be restraint in the tax collection process and also asked them to understand the businesses.
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Kalabuargi City Corporation introduces EDC device for tax collection
Updated : 6 years, 7 months ago IST
Kalaburagi (Karnataka) [India], Aug 4 (ANI): The Kalaburagi City Corporation has introduced doorstep payment of taxes, whereby, municipal corporation employees visit houses and undertake a door-to-door collection of dues electronically and people are no longer required to visit the corporati
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Number of tax assesses goes up, direct tax collections jump: CAG
Updated : 6 years, 7 months ago IST
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.
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Direct tax collections fall short of Rs 82,000 crore in FY 19
Updated : 6 years, 10 months ago IST
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.
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After failing to meet Rs 12 lakh cr target, I-T Dept sets eyes on cash tra
Updated : 6 years, 10 months ago IST
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.
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Demonetisation had phenomenal impact on widening tax base, direct tax coll
Updated : 6 years, 11 months ago IST
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
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Kejriwal hits out at Centre over its tax collection policy
Updated : 6 years, 11 months ago IST
New Delhi [India], Mar 30 (ANI): Chief Minister Arvind Kejriwal on Friday slammed the Centre for its tax collection policy.
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