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!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?
 BackBack Income Tax Act amendment on cards on tax treatment of MSME dues
 ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here
 Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime
 How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)
 Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning
 What Are 5 Heads Of Income Tax?
 Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals
  Income Tax Return: 5 lesser-known tax-saving tips from Section 80
 Income Tax Return: 5 lesser-known tax-saving tips from Section 80
 Why you need not rush to file your ITR immediately

Net direct tax collections top Rs 1 lakh cr
December, 04th 2006

The Centre's net direct tax collections have exceeded the Rs 1 lakh crore mark as the revenue mop up in April-December 1 period touched Rs 1,00,850 crore.

This represented a 38 per cent increase over the collections level in the same period previous year, a Central Board of Direct Taxes (CBDT) official said.

In fiscal 2005-06, the Centre's direct tax collections stood at Rs 1,65,208 crore. The direct tax collections in 2004-05 stood at Rs 1,32,771 crore.

The budget estimate for direct taxes for 2006-07 has been pegged at Rs 2,10,684 crore, which represents a 27.5 per cent over the collections of 2005-06.

On the indirect tax front, the Centre's customs duty collections had registered a 32.7 per cent increase in April-October 2006 to Rs 49,216 crore (provisional) as compared to Rs 37,085 crore in the same period previous year.

Excise duty collections of the Centre increased by 5.8 per cent to Rs 60,641 crore (provisional) during April-October from 57,104 crore in the same period previous year.

The budget estimates for central excise duty collection for 2006-07 stood at Rs 1,19,000 crore. For customs duty, the budget estimate for 2006-07 has been pegged at Rs 77,066 crore.

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