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income tax collections News
income tax collections
Income tax mop-up begins on strong footing, up 26.2% till date
Fri, Jun 16, 2017
Among the metros, the Mumbai zone registered the highest revenue collection growth during the period with a growth of a whopping 138 per cent at Rs 22,884 crore from Rs 9,614 crore a year ago, sources at the income tax department here told PTI today.
India's FY17 tax collection reaches Rs 17.10 lakh crore
Tue, Apr 04, 2017
The ministry said, "As against the Revised Estimate, the provisional figure of tax collection is Rs 17.10 lakh crore, which is a growth of around 18% compared to last."
Direct tax collection will get a long-term boost, Franklin Templeton says
Tue, Nov 29, 2016
There is a likely structural improvement in tax to GDP ratio in Indian economy, the report said.
Demonetisation effects: Can higher tax collection lead to improved GDP ratio, fiscal situation?
Tue, Nov 15, 2016
Finance Minister Arun Jaitley believes that tax collection will increase. He said, "In the medium and long term, direct and indirect tax collection will increase. Lot of currency outside the banking system perforce will have to get into the system."