Indirect tax collections up 41.8% at Rs 64,394 crore in April
Indirect tax collections for the month of April 2016 stood at Rs 64,394 crore registering a growth of 41.8 percent as compared to Rs 45,417 crore collected during the same period previous year.
May 11, 2016, 17:48 PM ISTService Tax: Penalty norms encouraging voluntary compliance
In case of voluntary payments along with interest, reduced penalty have been provided depending upon the stage of litigation i.e. Prior to issuance of show cause notice, after issuance of show cause notice but before adjudication or after adjudication.
Jun 03, 2015, 18:29 PM ISTIndirect tax collections up 4.6% in April-August
Indirect tax collections rose by 4.6 percent from Rs 1,85,881 Crore in April-August 2013 to 1,94,492 Crore during April-August 2014.
Sep 12, 2014, 15:03 PM IST