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: list of goods taxed at 4% :: empanelment :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: Central Excise rule to resale the machines to a new company :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: cpt :: due date for vat payment :: VAT Audit
 
 
« Direct Tax »
  No relief to those who defaulted on 1st IDS installment: CBDT
 CBDT clears the air on rental incomes from industrial parks, SEZs
 CBDT signifies achievements towards eliminating domestic black money
 Seafarers get tax exemption from Ministry of Finance
 Financial institutions need to get accounts self-certified for FATCA by April 30
 Direct tax incentives to promote start-ups
 Employer didn't deposit the TDS it deducted on your salary. How to claim it?
 Central Board of Direct Taxes clarifies on cash curb, Aadhaar
 CBDT to issue PAN, TAN within a day to improve Ease of Doing Business
 Expats who stayed in India for 182 days or more must apply for Aadhaar card: CBDT
 CBDT accomplishes direct taxes collection target for FY 2016-17

Tax collection target set
March, 06th 2010

The Central Board of Direct Taxes(CBDT) has said the direct tax collection targets for the country have been set at Rs 4 lakh crore of which 2.8 lakh crore have already been collected so far.

We are going to put in serious efforts and achieve the mark of Rs 4 lakh crore, said S S N Moorthy, chairman,(CBDT) at CII event on Friday.. Moorthy further added that the tax collection targets for Mumbai have been set at Rs 1.42 lakh crore of which Rs 1 lakh crore has been collected so far. He however confirmed that it would not be advisable and possible to abolish the wealth tax.

Even in western countries, the Estate Duty is collected which is similar to the Wealth Tax in India, he said.

Commenting on the Union Budget 2010, Sunil Mitra, revenue secretary, ministry of finance, said that the Budget clearly showed the governments vision of becoming a facilitator from enabler through increasing budget outlay for infrastructure development.

The strong message that is coming up from the Budget is that the government is now going to become a facilitator as it earmarked Rs 3 lakh crore for the development of physical and social infrastructure. Moreover, increase in public equity in four companies like, NTPC, REC etc in the previous year showed governments commitment towards the disinvestment raising Rs 13,000 crore.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Customer relationship management software CRM software Operational CRM Collaborative CRM

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