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: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARD :: TDS :: articles on VAT and GST in India :: due date for vat payment :: list of goods taxed at 4% :: VAT RATES :: ACCOUNTING STANDARDS :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: Central Excise rule to resale the machines to a new company :: form 3cd
 
 
« General »
 How to claim tax benefit on tuition fees under Section 80C
 Online Income Tax grievance redressal facility launched at 60 offices
 Demonetisation impact on government tax revenue marginal; direct tax personal income grew at above budget estimates
 ICAI seeks more accountability, transparency in defence sector
 Will Budget help double farmers’ income?
 Verify online deposits made post demonetisation, income tax department asks taxpayers
 Union Budget 2017: Best budget is do not change anything, do no harm, implement well
 Why salaried class deserves standard deduction
 3 new taxes that Modi government could introduce, but won't
 Tax gains may showcase demonetisation windfall
 Tax exemption for ELSS will help broaden investor base, channel household savings

City property owners get relief from new tax regime, for now
January, 07th 2014

Finance Minister P Chidambaram today met chief commissioners of both direct and indirect taxes to take stock of revenue mop-up.

"Finance Minister today met senior officials of revenue department to review tax collections," a senior finance ministry official said. Both direct and indirect tax collections are below the desired rate.

Gross direct tax collections rose 12.33 per cent to Rs 4.81 lakh crore during the first nine months of this financial year against a growth target of 19 per cent for 2013-14. The government has set a direct tax collection target of over Rs 6.68 lakh crore.

Indirect tax collections grew by 5 per cent to Rs 3.07 lakh crore in the April-November period. Indirect tax estimates may have to be revised downwards by about Rs 30,000-35,000 crore from the budget estimate of Rs 5.65 lakh crore.

Excise collections dropped 5.1 per cent in April-November to about Rs 1.03 lakh crore from Rs 1.09 lakh crore, while customs revenue rose 7 per cent to Rs 1.11 lakh crore. Only service tax managed double-digit growth, of 16 per cent, to Rs 92,095 crore during the April-November period.

Chidambaram, who unveiled a new fiscal consolidation road map in October 2012, is determined not to allow any slippage in the fiscal deficit
target of 4.8 per cent of GDP for 2013-14.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

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