Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: VAT RATES :: form 3cd :: ACCOUNTING STANDARD :: TDS :: ACCOUNTING STANDARDS :: due date for vat payment :: VAT Audit :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: cpt :: list of goods taxed at 4% :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« Direct Tax »
 Pune region tops in direct tax kitty growth
 RBI releases draft directions on hedging of commodity price
 Unexplained deposits in focus, taxmen ordered to go all out in the next three months
 Why India’s corporate tax rate should be cut
 Best ways to save tax under section 80C
 Govt may exceed direct tax collection target of FY18 Budget estimates
 CBDT relaxes MAT provisions for companies under corporate insolvency
 CBDT relaxes norms for MAT on firms facing insolvency
  Income-tax deduction from salaries during the financial year 2017-18 under section 192 of the Income-tax Act, 1961
 CBDT to appeal for revival of certain deregistered companies
 How the new tax regime fared in India these last 6 months

90% direct tax recovery targets this year by SMC
March, 04th 2011

Surat Municipal Corporation (SMC) has set a target of 90 per cent of direct tax recovery from the current demands, before the financial year ends on March 31, 2011. It plans to achieve this by making the recovery process more intense and harsh action against the defaulters.

As against a target of Rs 313 crore in property taxes, it has till now recovered Rs 215 crore. However of the actual demand of Rs 313 crore, Rs 90 crore are arrears and recoveries pending for years including interest of Rs 35 crore.

Sharad Mehta, assistant commissioner, finance, said, "Our performance will be better than last year. We will try to reach as close to the 90 per cent target as possible." Last year, against the demand of Rs 296 crore, the SMC had recovered Rs 216 crore as property taxes amounting to 74 per cent. "What is most heartening is that of the 13.50 lakh tax payers in the city, 10.22 lakh have already paid their dues to the civic body. Our attempt will be to reach all the tax payers before March 31."

The SMC has collected Rs 42 crore in professional tax till date and Rs 7.67 in vehicle tax. An auction of about 20 properties will be organised by it in central zone in mid-March for tax recovery.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

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