No unfair effort will be made by govt to collect taxes: FM
Ahead of the Budget, Finance Minister Arun Jaitley on Friday hinted at more spending cuts and rationalising expenditure.
Feb 06, 2015, 11:08 AM IST
Direct tax collections up 13% in 9 months of FY'15
The direct tax collection during the first nine months of the current fiscal increased by 12.93 percent to Rs 5.46 lakh crore over the same period a year ago.
Jan 23, 2015, 18:50 PM IST
Govt meets 60.6% indirect tax collection target during April-December
Government today said it has collected Rs 3.77 lakh crore, or 60.6 percent, of budget target for indirect tax by December 2014.
Jan 13, 2015, 21:18 PM IST
Direct tax collections rise 5.67% during Apr-Nov
The government's direct tax collections during April-November of this fiscal rose 5.67 percent to Rs 3.29 lakh crore over the same period a year ago.
Dec 23, 2014, 19:01 PM IST
Govt may miss indirect tax collection target in FY'15
Indirect tax collection may fall short of the annual target by an estimated Rs 90,000 crore in the current fiscal, mainly because of subdued industrial activities, a senior finance ministry official has said.
Nov 26, 2014, 21:19 PM IST
Indirect tax collections up 5.8% in April-September
Indirect tax collections inched up by 5.8 percent in the April-September period of this fiscal.
Oct 14, 2014, 18:03 PM IST
Govt asks hotels, farm houses to give prior details of events
In an effort to plug loopholes in tax collection system, Delhi Government has directed owners of hotels, banquet halls and farm houses to furnish prior details to it before holding functions like wedding ceremonies and other events at their premises.
Oct 08, 2014, 20:19 PM IST
Net direct tax collection up 7% at Rs 2.68 lakh cr
Net direct tax collection has risen only 7.09 percent to Rs 2,68,836 crore in the first six months of the current fiscal.
Oct 07, 2014, 19:43 PM IST
Net direct tax collection at Rs 2.60 lakh crore
Net direct tax collection so far in the current fiscal stood at Rs 2.60 lakh crore, said a senior finance ministry official.
Sep 28, 2014, 18:13 PM IST
Excise dept eyes enhanced luxury tax collection
According to excise department they will clamp down heavily on entities who are found to have evaded luxury tax following a study of their financial records.
Sep 28, 2014, 15:21 PM IST
Indirect 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
Indirect tax collections up 3.9% in April-July
Indirect tax mop up inched up by 3.9 percent in the April-July quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity.
Aug 19, 2014, 20:04 PM IST
Govt to pay Rs 48,069 cr as IT returns for FY13 and FY14
Government has to pay as much as Rs 48,069 crore as income tax returns for 2012-13 and 2013-14, Parliament was informed on Tuesday.
Aug 05, 2014, 17:05 PM IST
Conduct non-intrusive investigations: FM tells tax officials
The Minister "exhorted the officers of the Income Tax Department to maximise the use of innovative and non-intrusive methods of investigation," an official statement said.
Jul 23, 2014, 22:08 PM IST
Revenue collection expected to exceed target this fiscal: Jaitley
The government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal.
Jul 21, 2014, 12:23 PM IST
Indirect tax collections up 4.6% in April-June
The indirect tax collection target for 2014-15 fiscal stands at Rs 6.24 lakh crore.
Jul 18, 2014, 19:38 PM IST
