Last Updated: Sunday, April 12, 2015, 10:53
The "unwavering commitment and exemplary zeal" shown by its officers has seen CBEC surpassing its indirect tax collection target by a handsome margin of Rs 4,000 crore to reach Rs 5.46-lakh crore in the just-concluded 2014-15 fiscal.
Last Updated: Monday, April 6, 2015, 20:59
Initial numbers suggest that direct tax collection is short of the revised target by over Rs 19,028 crore, but the Income Tax Department is hopeful of meeting the target once figures from across the country come.
Last Updated: Thursday, April 2, 2015, 15:57
The total collection as on March 31 is Rs 5,46,479 crore, based on the provisional report as against revised estimates of Rs 5,42,325 crore for 2014-15, an official statement said.
Last Updated: Tuesday, March 31, 2015, 16:09
Government's direct tax mop-up is set to miss the revised target for the 2014-15 fiscal as the collection so far has been only about Rs 6,30,000 crore, an I-T department official said.
Last Updated: Thursday, March 26, 2015, 17:50
Adopting an aggressive approach to increase tax collection, the revenue department for the first time publically named 18 tax defaulters - including Goldsukh Trade and Somani Cements - who owe over Rs 500 crore to the exchequer.
Last Updated: Monday, March 9, 2015, 22:41
The CBDT will hold a country-wide meeting with top Income Tax department officers Tuesday to review the tax collection work which is scheduled to end on March 31.
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.
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.
Last Updated: Friday, February 6, 2015, 11:08
Ahead of the Budget, Finance Minister Arun Jaitley on Friday hinted at more spending cuts and rationalising expenditure.
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.
Last Updated: Tuesday, January 13, 2015, 21:18
Government today said it has collected Rs 3.77 lakh crore, or 60.6 percent, of budget target for indirect tax by December 2014.
Last Updated: Friday, December 26, 2014, 13:56
Asking the new Indian Revenue Service officers to be 'firm and fair' in tax collection, Finance Minister Arun Jaitley on Friday said a taxman's job does not involve giving any concessions or discounts.
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