Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TDS :: form 3cd :: VAT RATES :: list of goods taxed at 4% :: empanelment :: ACCOUNTING STANDARDS :: due date for vat payment :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« News Headlines »
 Income-tax (21st Amendment) Rules, 2017
 Deadline for filing income tax return nears; here are 10 common mistakes that you must avoid
 All you need to know about form 26AS
 How to file income tax return?
 7 changes that affect income tax return filing this year
 How To File Income Tax Return (ITR) Online For FY2016-17? Last Date July 31
 Last date for filing income tax return approaches: What is Form 26AS? How it can help you claim refunds
 Income Tax department to launch mobile app to make life easy for taxpayers
 6 things to remember while filing your income tax return
 Want to save on tax? Here are deductions you can use while filing ITR
 July 31 Is Last Date For Filing Tax Return. Why Form 26AS Has To Be Checked

Direct tax collections up 42%
January, 19th 2008
Higher net direct tax collections continued in the first fortnight of 2008, grossing over Rs 2,17,149 crore during the April 2007-January 15, 2008 period. The increase worked out to 41.93 per cent over last fiscal same period collections. Personal income tax was up by 50.15 per cent, while corporate tax grew by 37.22 per cent. The continued improvement in tax administration and tax compliance levels helped in better tax collections, a release said here.

With this, the Government has already collected 81 per cent of the budget target of Rs 2,67,490 crore from direct taxes this fiscal, it added.

Corporate tax collections rose 37.22 per cent to Rs 1,32,948 crore from Rs 96,883 crore in a year ago period.

Personal income tax collections, including FBT, STT and BCTT, were up at Rs 83,897 crore from Rs 55,874 crore.

The Government collected Rs 6,793 crore through Securities Transaction Tax (STT), representing a 78.19 per cent rise over Rs 3,812 crore. While the Fringe Benefit Tax (FBT) was up 64.79 crore at Rs 5,121 crore as against Rs 3,108 crore, the Banking Cash Transaction Tax (BCTT) grew by 15.26 per cent at Rs 423 crore from Rs 367 crore, the release added.

The tax deducted at source increased by over 51 per cent while self-assessment tax (unpaid taxes paid voluntarily before submission of tax return) increased by over 59 per cent.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions