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: due date for vat payment :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: cpt :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: empanelment :: form 3cd :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: TDS
 
 
« News Headlines »
 Have you missed the due date of filing your Tax Returns?
 What you should know about income tax refunds
 Income tax scrutiny to remain limited despite surge in returns filed
 Regarding Filing of online return for first quarter of 2017-18 extension upto 01-09-2017
 Deadline to file returns extended to 28 August for biz with transitional
 GST input tax credit form
  How to rectify income tax returns
 Govt extends tax exemption for industry in North East, hilly states
 Should you file revised Income Tax returns; find out here
 Tax Deducted at Source (TDS) in Goods & Services Tax (GST)
 10 companies that blamed GST for soft June quarter

I-T collections see 112% growth in two years
May, 19th 2007
Andhra Pradesh moves up to fifth slot in mop-up

The Income-Tax Department in Andhra Pradesh has registered a record growth rate of 112 per cent in collections in two years with the total collections going up to Rs 10,198 crore in 2006-07 from as against Rs 4,800 crore two years ago. Last year, the Department's collections stood at Rs 6,683 crore.

Thanks to the huge growth, the State's rank in income tax collections has shot up to fifth position from last year's ninth.

Addressing a press conference here on Wednesday, Mr D.V. Dharmik, Chief Commissioner (Hyderabad-I), said the share of corporate tax went up to Rs 5,310 crore this year from Rs 4,350 crore last year, an increase of 51 per cent.

Individual income tax collections were Rs 4,621 crore (Rs 2,363 crore), showing a growth of 48 per cent. Mr Dharmik attributed reach and awareness to the growth in income tax collections this year.

The public sector National Mineral Development Corporation continued to top the list of corporate taxpayers with a contribution of Rs 1,149 crore.

The Fringe Benefit Taxcontribution stood at Rs 230 crore, while share transaction tax chipped in Rs 2 crore and cash transaction taxes Rs 21 crore.

An amendment made in Finance Act 2007 required charitable or religious trusts or institutions, which failed to submit the required form within one year of its creation, to file it by May 31 to avail themselves condonation of delay for earlier years.

"Applications filed on or after June 1 will entitle the applicant to claim exemption of income from the financial year in which the application is filed," he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

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