Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Direct Tax »
Open DEMAT Account in 24 hrs
 Income tax exemption: 4 financial instruments you can still invest into before March 31
 CBDT drops small tax demands but not TCS, TDS claims
 ITR Refund: Awaiting money from Income Tax? Here's why you have not yet received your amount
 Income Tax Notice: What to do if you receive a Section 143 (1) notice from taxman?
 Average tax return processing time cut to 10 days: CBDT
 7 types of Income Tax Notice ITR filers may receive for AY 2023-24
 ITR filing: Do these advance preparations before filing your income tax return
 What are the strategies to maximize tax refunds after submitting an income tax return (ITR)?
 ITR filing: Tax rules on income from house property that your should know
 CBDT likely to issue rules on angel tax next week
 Pension Taxation: Everything you need to know for ITR filing

Higher collection of direct taxes
November, 18th 2009

The North West Region of the Income Tax Department comprising Jammu and Kashmir, Himachal Perdesh, Punjab, Haryana and the Union Territory of Chandigarh has registered 13.7 growth in collection of direct taxes till 16 November, 2009 as compared to the corresponding period last year.

The total net collection according to the sources in the department is Rs 5,989 crore up to November 16 and was Rs 5,265.1 crore up to 16 November 2008.

The region has surpassed the growth of All-India average that scaled up from 2 per cent to 2.3 per cent in the said period.

Chief Commissioner Income Tax, North West Region P K Chopra is optimistic about further revision in the figure as economic activities have started picking up.

We clocked in 12.5 per cent growth in October 2009 and it stands at 13.7 per cent in mid-November. It should touch 20 per cent if the things improve consistently, he said.

The regions annual growth of revenue last financial year was 20 per cent as compared to national average of 8 per cent.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting