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!
« Direct Tax »
Open DEMAT Account in 24 hrs
 CBDT drops small tax demands but not TCS, TDS claims
 ITR Refund: Awaiting money from Income Tax? Here's why you have not yet received your amount
 Income Tax Notice: What to do if you receive a Section 143 (1) notice from taxman?
 Average tax return processing time cut to 10 days: CBDT
 7 types of Income Tax Notice ITR filers may receive for AY 2023-24
 ITR filing: Do these advance preparations before filing your income tax return
 What are the strategies to maximize tax refunds after submitting an income tax return (ITR)?
 ITR filing: Tax rules on income from house property that your should know
 CBDT likely to issue rules on angel tax next week
 Pension Taxation: Everything you need to know for ITR filing
 Income tax guide on pension: How to file pension income in ITR?

Capital registers lowest direct tax collection growth rate
March, 19th 2010

If the Finance Ministry is concerned about the daunting all India direct tax collections target of Rs 3,87,000 crore, then may be it should look in its backyard.Media learns that Delhi has registered the lowest collection growth rate amongst 19 income tax circles in India.

Smaller cities have risen to the occasion, while the metros have underperformed.

Delhi's direct tax collections have come in at Rs 49,034 crore as compared to Rs 48,805 crore. Though collections are up 0.5%, the state has posted the lowest growth rate in India.

It must be noted that the data is up to March 15, 2010.

Guwahati recorded the highest all India growth rate of 70% with tax collections at Rs 2,398 crore versus Rs 1,409 crore. Guwahati represents the entire north-east region.

Kanpur, Cochin, Patna, and Lucknow recorded growth rates of 59%, 23%, 22%, and 20% respectively.

Kolkata's direct tax collections are up 9.5% at Rs 12,990 crore as against Rs 11,863 crore. Collections are up 12.5% in Chennai at Rs 20,762 crore versus Rs 18,455 crore.

Mumbai's direct tax collections are up 9.3% at Rs 1.07 lakh crore as compared to Rs 98,709 crore. Collections are up 6.2% in Bangalore at Rs 27,746 crore versus Rs 26,138 crore. Hyderabad direct tax collections are up 12.3% at Rs 15,736 crore as against Rs 14,011 crore.

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