Latest Expert Exchange Queries
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: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: due date for vat payment :: VAT Audit :: list of goods taxed at 4% :: form 3cd :: TDS :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: cpt :: ACCOUNTING STANDARD
 
 
General »
 While filing tax in India, NRIs do not have to report overseas assets
  Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
 SH. VISHWA NATH GUPTA Vs. PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL, KANPUR AND ANR.
 No tax scrutiny of big transaction if it matches income
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
  Home loan tax reliefs often missed by taxpayers
 Income tax department launches online facility for linking Aadhaar and PAN
 Home loan tax reliefs often missed by taxpayers
 Tax headache in India is a bonanza for global accounting firms
 Activities To Be Treated As Supply Even If Made Without Consideration Under CGST ACT
  Haryana Goods and Services Tax Bill passed

Govt likely to revise tax collection targets upwards
January, 03rd 2011

The government is likely to revise revenue collection targets upwards for the current financial year, a top government official said.

"We are likely to make modest advancements in the targets as we have entered the third quarter. We will wait for a few days and then take a decision," Revenue Secretary Sunil Mitra told PTI here.

Mitra, who was in the city yesterday to attend a meeting of the revenue officials of eastern zone along with finance minister Pranab Mukherjee , said that direct tax collection achieved so far was 69 per cent of target and indirect tax collection at 67 per cent of target.

"We are hopeful of meeting the targets", Mitra said. Against a target of Rs 4,30,000 crore for direct tax collection, revenue collected so far was Rs 2,96,121 crore.

For indirect taxes, it was Rs 1,98,540 crore against the target of Rs 3,15,000 crore.

Chairman of Central Board of Excise & Customs (CBEC) Sumit Dutt Majumdar said that there had been good growth in customs revenue collection.

Customs revenue was growing at 67 per cent, he said. Majumdar said that this reflected the pick up in manufacturing activity which had been a result of the stimulus packages.

He said that good customs growth meant that imports were taking place substantially.

Majumdar said that central excise was growing at 34 per cent and service tax at 18 per cent.

M C Joshi, member CBDT, said that direct tax was growing at 18 per cent to 20 per cent.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

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