Last Updated: Wednesday, June 10, 2015, 21:32
Indirect tax collection has jumped 39.2 percent in April-May, with excise showing a smart rise reflecting pick up in manufacturing, Finance Minister Arun Jaitley said Wednesday.
Last Updated: Wednesday, June 3, 2015, 18:29
In case of voluntary payments along with interest, reduced penalty have been provided depending upon the stage of litigation i.e. Prior to issuance of show cause notice, after issuance of show cause notice but before adjudication or after adjudication.
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.
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: Sunday, December 22, 2013, 11:17
Excise collection dropped 5.1 percent during the period to over Rs 1,03,629 crore, against Rs 1,09,180 crore in the same period in the last fiscal year, reflecting slump in manufacturing activity.
Last Updated: Wednesday, November 20, 2013, 22:41
Excise collection during the April-October period was Rs 89,600 crore, while realisation from customs stood at Rs 98,000 crore, an official said.
Last Updated: Sunday, September 8, 2013, 15:27
Of the total of Rs 1,27,897.39 crore pending demand, Rs 73,274.74 crore was for service tax and Rs 54,172.65 crore for excise duty, it said.
Last Updated: Tuesday, August 20, 2013, 21:45
Indirect tax collection grew at 2.9 percent in April-July period this fiscal, mainly due to decline in excise duty mop up, reflecting slump in manufacturing activity, a finance ministry official said.
Last Updated: Thursday, April 25, 2013, 18:51
The government's indirect tax collection for 2012-13 has exceeded the revised estimate (RE) by Rs 6,000 crore.
Last Updated: Friday, April 5, 2013, 15:45
The indirect tax collection for 2012-13 has exceeded the revised target of Rs 4.6 lakh crore.
Last Updated: Tuesday, February 5, 2013, 11:27
Apprehending slippages in tax collection, Finance Minister P Chidambaram on Tuesday asked revenue officials to beef up efforts to achieve the budgeted target in the remaining period of the current fiscal.
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