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Income Tax collection News
Income Tax collection
Income Tax collection surges to record Rs 10.03 lakh crore says CBDT
Sat, Aug 18, 2018
Addressing a two-day conference of Income Tax Administrators of Eastern Zone here, Shabri Bhattasali, Member of CBDT said that during 2017-18, a record number of 6.92 crore I-T returns were filed, which was 1.31 crore more than 5.61 crore returns filed in 2016-17.
Mumbai's income tax zone misses revenue target of Rs 2.79 trillion in FY17
Mon, Apr 10, 2017
The Income Tax Department of Mumbai has missed the revenue mop-up target of Rs 2.79 trillion for the financial year 2016-17 on account of more refunds given to tax payers.
Indirect tax collection rose by 25.9% in Sept: FinMin
Mon, Oct 10, 2016
Till September, 52.5% of the Budget Estimates (BE) of indirect taxes for the current financial year has been achieved, Ministry of Finance said.