Government asks top taxmen to ideate for widening tax base

Last Updated: Sunday, June 14, 2015, 13:08

The unique move comes in the backdrop of the government recently asking the I-T department to take urgent steps to widen the tax base and add at least 25 lakh new assesses every month during the current financial year 2015-16.

Direct Tax target of Rs 7.98 lakh cr for FY'16 achievable: Das

Last Updated: Monday, May 25, 2015, 18:35

The Direct Tax collection target of Rs 7.98 lakh crore for the current financial year is likely to be met on account of improvement in economic growth, government said on Monday.

Government misses tax collection target by Rs 2,288 cr in FY15

Last Updated: Sunday, May 17, 2015, 18:17

Government has missed the overall revised tax collection target for both direct and indirect taxes by Rs 2,288 cr.

Direct tax collection falls short by Rs 19,028 cr in FY15

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.

Govt's direct tax collection to miss revised target for FY15

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.

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.

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 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.

Direct tax collection up 11.58% in Apr-Oct at Rs 3.37 lakh cr

Last Updated: Wednesday, November 6, 2013, 18:58

Amid slowing economy, the gross direct tax collection has risen only by 11.58 percent to Rs 3.37 lakh crore during the April-October period of 2013-14 fiscal.

Direct tax collection rises by 10.66%

Last Updated: Tuesday, October 8, 2013, 19:20

Gross collection from direct taxes that include personal income tax and corporate taxes, increased by 10.66 percent to Rs.3,01,250 crore in April-September period of this year as compared to Rs.2,72,221 crore recorded in the same period last year, government data showed Tuesday.