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: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: articles on VAT and GST in India :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: VAT Audit :: Central Excise rule to resale the machines to a new company :: VAT RATES :: TDS
 
 
« News Headlines »
 A tax saver scheme with higher returns
 GST registration mandatory for TDS entities
 Govt rules out extension for filing GSTR-3B returns after December
 Tax department’s e-filing portal out of action for 2 hours
 Use ITR-2 to show salary and capital gains income
  TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
  How to file ITR for FY 2016-17 and all the links you need
 All about E-way Bill under GST
 Good and simple tax: on the GST regime
 Seeks to extend the time limit for filing of GSTR-1, GSTR-2 and GSTR-3
 Good news, find Tax Return Preparers soon at a place near you; 5 things to know

CBDT sets tax mop-up aims for various zones
July, 01st 2006
The Central Board of Direct Taxes (CBDT) has allocated individual direct tax collection targets for all its major zones, including separate targets for banking cash transaction tax (BCTT) and securities transaction tax (STT).

It is for the first time that the CBDT has segregated targets into corporate, personal, BCTT and STT categories for its various CCITs (chief commissioners of income tax).

Until now, the CBDT used to allocate only a combined direct tax collection target to the CCITs.

Mumbais total collection target is the highest at Rs 69,548 crore. Of this, Rs 46,828 crore has been set for corporate tax, Rs 18,998 crore for personal tax (inclusive of fringe benefit tax), Rs 3,474 crore for STT and Rs 247 crore for BCTT.

Officials said the revenue potential of different regions, along with collections under various heads in 2005-06, has been kept in mind while setting the target for each CCIT.

Over 95 per cent of the total STT mop-up is expected to be raised from Mumbai. The target for Ahmedabad is just Rs 7 crore, for Chennai and Kolkata around Rs 6 crore each, and for Bangalore around Rs 3.5 crore.

The BCTT target for Bangalore has been pegged at Rs 65 crore, while for Delhi it is Rs 52 crore. The BCTT target for Hyderabad is Rs 33 crore, for Chennai Rs 29 crore, for Kolkata Rs 23 crore, and for Pune Rs 11 crore.

The second highest corporate tax collection target is Delhis, at Rs 24,100 crore, followed by Meerut at Rs 12,210 crore and Bangalore at Rs 11,334 crore.

The personal income tax collection targets (inclusive of the FBT) have been pegged at Rs 9,493 crore for Delhi, Rs 8,230 crore for Bangalore, Rs 4,200 crore for Chandigarh and Rs 3,741 for Ahmedabad.

The CBDT has also allocated its internal arrears collection target of Rs 11,741 crore among the various regions, with Delhi having the highest target of Rs 3,799 crore, followed by Mumbai at Rs 2,469 crore and Kolkata at Rs 1,213 crore.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

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