GST will transform India's fiscal architecture: Jayant Sinha

Last Updated: Thursday, March 5, 2015, 17:26

The GST roll out will prove to be a revolutionary step and has potential to transform the "fiscal architecture" of the government, Minister of State for Finance Jayant Sinha said today.

Govt optimistic about GST roll out from April 2016: Rev Secy

Last Updated: Thursday, March 5, 2015, 16:17

The government is confident of rolling out the much-awaited Goods and Services Tax (GST), which aims at creating a single tax for goods and services across the country, from April 1, 2016, a top finance ministry official said.

Direct tax collections up 10.67% in 11 mths of FY'15

Last Updated: Thursday, March 5, 2015, 15:03

Collection from direct taxes rose by 10.67 percent to Rs 6.12 lakh crore in the first 11 months of the current financial year in line with the revised Budget projections.

Direct tax collections up 11.38% in Apr-Jan FY'15

Last Updated: Friday, February 13, 2015, 18:13

Direct tax collections increased by 11.38 percent to Rs 5.78 lakh crore during the April-January period of current financial year.

CBDT calls meeting for review of tax, TDS collection this week

Last Updated: Wednesday, February 4, 2015, 17:24

CBDT will conduct a country-wide review of tax collection work, especially for TDS and arrears, later this week in order to shore up the direct tax revenue kitty for the financial year ending March 31.

Direct tax collections up 13% in 9 months of FY'15

Last Updated: Friday, January 23, 2015, 18:50

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.

Direct tax collections rise 5.67% during Apr-Nov

Last Updated: Tuesday, December 23, 2014, 19:01

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.

Idea of higher tax to run state is 'anti-people': FM

Last Updated: Friday, December 19, 2014, 21:40

Asserting that government does not subscribe to the ideology of imposing higher taxes to run the state, Finance Minister Arun Jaitley on Friday termed such an idea as "anti-people".

CBDT to hold high-level tax collection meeting next week

Last Updated: Thursday, December 18, 2014, 17:29

The next week's meeting will be chaired by CBDT Chairperson Anita Kapur along with the five members.

Direct tax collection up 12.33% in Apr-Dec at Rs 4.81 lakh cr

Last Updated: Monday, January 6, 2014, 15:14

Amid a slowing economy, gross direct tax collections rose 12.33 percent to Rs 4.81 lakh crore during the first nine months of this financial year.

Net direct tax collection up 13.7% till Dec 20 in FY'14

Last Updated: Saturday, December 21, 2013, 15:39

Amidst a slowdown in the economy, the net direct tax collection has risen by 13.7 percent to Rs 4.12 lakh crore till December 20 of current fiscal.

Direct tax collection up 13% in Apr-Nov at Rs 3.68 lakh cr

Last Updated: Thursday, December 5, 2013, 20:21

Amid slowing economy, the gross direct tax collection has risen only by 13.18 percent to Rs 3.68 lakh crore during the April-November period of 2013-14 fiscal.