Tag: Tax Collections target
CBDT reduces tax collection target for FY 2019-20 by Rs. 45000 crores, from 13.80 crores to 13.35 crores In May 2019, the CBDT had set a ambitious income tax budgetary target of Rs. 13.80 lakh crores for FY 2019-20 which was 15% more than the direct tax collection …
Negative growth in regular tax collections-CBDT calls it an alarming situation. Only only 85.10% of FY 2018-19 target collected as on 23.03.2019. In a Departmental Letter (DO), addressed to all Pr. Chief Commissioner of Income Tax, the CBDT has expressed dissatisfaction over the tax collections achieved in financial …
CBDT raises Corporation Tax collection target for FY 2018-19 by Rs. 50000 crores from total Rs.6,21,000 Crore to Rs. 6,71,000 Crore F. No. 38012/2018-IT (Budget)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 27th February, 2019 To, All the Principal Chief Commissioners of Income-tax Madam …
Revenue Department exceeds Revised Tax Collections target for 2016-17 Ministry of Finance Revenue Department exceeds Revised Tax Collections target for 2016-17 around 18% taken together in case of Direct and Indirect Taxes; Provisional figure of Total Tax Collections in 2016-17 is Rs. 17.10 Lakh Crore as against the …
