Direct tax collection may meet target of Rs 4.3 lakh for fiscal year 11 Direct tax collection may meet target of Rs 4.3 lakh for fiscal year 11 Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« Direct Tax »

Open DEMAT Account in 24 hrs
Net direct tax collection grow 7% as refunds fall sharply
GSTR-3B deadline expired: File now to avoid input tax credit loss, GST registration cancellation
ITR Filing: Income tax department shortens time limit for condonation of delay What it means for taxpayers
CBDT launches campaign to intimate taxpayers on undeclared foreign assets in ITR
ITR AY2024-25: CBDT launches campaign for taxpayers to report income from foreign sources
CBDT comes out with FAQs on Direct Tax Vivad se Viswas scheme 2024
CBDT weighs overhaul of designations for income tax officials to secure better clarity
Direct tax-GDP ratio at millennial high in FY24
CBDT comes out with FAQs on Direct Tax Vivad se Viswas scheme 2024
Tax filing: How to choose the right ITR form
Income Tax Return: How to maximise your tax refunds while filing ITR?


« In Direct Tax Code, Religious and caste trusts out of...	Direct tax collections up 20%, in first 10 months of this... »
Direct tax collection may meet target of Rs 4.3 lakh for fiscal year 11

February, 09th 2011
The FY11 direct tax collections may just meet budget estimates, reports. The direct tax collection was estimate at Rs 4.3 lakh for this fiscal year. The department of economic affairs and the revenue department discussed hiking the target. While the department of economic affairs what to up the collection target to Rs 4.7 lakh, the revenue department is not too keen on revising the budget estimate. Reports also suggest that the corporate tax collections could meet the budget target.