« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing: 6 Ways to Get Exemption on Income Tax  Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25  Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?  Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?  BackBack Income Tax Act amendment on cards on tax treatment of MSME dues  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals «  New Web site on VAT launched... Tour operators get service tax exemption from Centre... » Rs 1,511-cr Income Tax collection in Vizag April, 06th 2007 The I-T Department has collected Rs 1,511 crore during 2006-07 in the Visakhapatnam region comprising Srikakulam, Vizianagaram, Visakhapatnam and the two Godavari districts. Mr A.K. Basu, the Chief Commissioner of Income Tax, said at a press meet here on Thursday that Rs 814 crore accounted for corporate tax and the rest was income tax. Last year (2005-06), Rs 903 crore was collected in the region. "We have achieved growth of 67 per cent in the region and this financial year we may cross the Rs 2,000-crore mark," he said. He attributed the rise in tax collections to the prosperity of Vizag-based PSUs in recent years.