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.

LIC premium collection dips by 21%; market share slips to 70%

Last Updated: Thursday, February 12, 2015, 17:23

Life Insurance Corporation of India (LIC), the country's largest insurer, has seen its market share slip to 70 per cent this fiscal as its new business premium shrunk by over 21 percent in April-December period.

No unfair effort will be made by govt to collect taxes: FM

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.

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.

Shortfall in TDS collections: CBDT asks I-T dept to act

Last Updated: Sunday, February 1, 2015, 10:06

The board, according to sources, asked I-T officials to bolster their efforts and give special emphasis on tax collections under the Tax Deducted at Source (TDS) and Advance Tax categories.

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.

Govt meets 60.6% indirect tax collection target during April-December

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.

'Meeting fiscal deficit target of 4.1% looks challenging'

Last Updated: Thursday, January 1, 2015, 14:48

Meeting the budgeted fiscal deficit target of 4.1 percent of GDP for the current financial year looks "challenging", says Japanese brokerage firm Nomura.

Arun Jaitley asks taxmen to be 'firm and fair'

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.

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.

Fund mop-up by private cos from debt placement rises 36%

Last Updated: Tuesday, December 16, 2014, 15:30

A total of Rs 51,422 crore was raised by private sector companies from debt on a private placement basis during April-September period of 2013-14, according to latest report by Prime Database.