Indirect tax collections rise 16.1% to Rs 37,166 cr in May

Last Updated: Monday, June 11, 2012, 20:51

Indirect tax collections have increased by 16.1 percent to Rs 37,166 crore in May on the back of rise in excise duty and service tax rates.

Net direct tax collections rise 7-fold in April

Last Updated: Wednesday, May 16, 2012, 19:33

The net direct tax collections rose to a whopping Rs 14,812 crore in April this year, a seven fold increase compared to the same period of last fiscal.

Launch special drive to identify tax evaders: Parl Panel

Last Updated: Tuesday, April 24, 2012, 18:37

A Parliamentary panel has asked the government to launch a special drive to identify tax evaders and tap new areas to increase indirect tax collections.

CBEC hopeful of meeting revenue targets for FY12

Last Updated: Sunday, March 25, 2012, 12:26

Despite all indications to the contrary on the back of faltering industrial activity and the resultant general gloomy corporate sentiment, the Central Board of Excise and Customs (CBEC) has expressed optimism to achieve the FY12 indirect tax collection targets.

Indirect tax collection up 16.1% to Rs 2.85 lakh cr in Apr-Dec

Last Updated: Tuesday, January 10, 2012, 17:01

Belying concerns over slowdown, indirect tax collections increased 16.1 percent to Rs 2,85,787 crore during April-December mainly driven by an uptick in service tax mop-up.

Direct tax collection up 14.54 % at Rs 3.97 lakh cr in Apr-Dec

Last Updated: Wednesday, January 4, 2012, 19:21

Direct tax collections during April-December this fiscal were up by 14.54 percent at Rs 3,96,529 crore over the corresponding period last fiscal, mainly due to an increase in corporate tax mop-up.

Government likely to miss direct tax collections target

Last Updated: Thursday, December 8, 2011, 17:55

The Finance ministry had in October revised the Budget estimate of direct tax collection upwards by Rs 53,000 crore to Rs 5,85,000 crore.

Direct tax collections up 23% in H1 of 2011-12

Last Updated: Friday, October 7, 2011, 18:36

Led by higher corporate tax realisation, gross direct tax collections rose by 23 percent to Rs 2,57,042 crore in the first six months of 2011-12.

Advance tax mop-up jumps 18%; RIL, TCS on top, SBI slips

Last Updated: Thursday, September 15, 2011, 22:07

Allaying fears of any serious slowdown in the growth momentum, advance tax collections from top 100 corporates from the nation's financial capital saw 18 percent jump in the quarter to September.