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: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARD :: VAT RATES :: Central Excise rule to resale the machines to a new company :: VAT Audit :: TDS :: articles on VAT and GST in India :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment
 
 
« News Headlines »
 Income tax exemption for FY19
 How will the new provisions really work?
 How to save income tax? Best tips for young earners
 Forgot to verify your income tax return? Here's help
 Notification of Government e-Marketplace (GeM) under section 138 of the Income-tax Act
 Income tax returns can be filed even if you missed deadline
 What is the difference between a tax return and a tax refund?
 Improving tax compliance in India
 How to invest in the new LTCG tax regime
 5 Tips to help you save tax
 Why to file income tax return?

Corporate tax mop-up swells
August, 23rd 2006
Corporate Indias robust show in April-June and indications of good prospects this quarter have helped corporate tax collections jump 79% during April 1-August 15. The Budget has targeted a 34% growth for the full fiscal. According to official data, the government has mopped up Rs 21,783 crore in corporate tax during the period compared with Rs 12,141 crore in the corresponding period last fiscal. The collection, however, represents just 16% of the Budget target of Rs 1.33 lakh crore. Among the five zones of the income-tax department, Mumbai home to Indias biggest companies showed the strongest growth of 414%, with a collection of Rs 4,529 crore compared with Rs 882 crore a year ago. Official sources said the surge in the net collection was partly due to an increase in gross collection coupled with a near flat growth in refunds. The buoyancy in direct tax collections is, in fact, manifest in the area of personal income tax also. Revenue from tax on individual income rose 36% to Rs 19,168 crore from Rs 14,118 crore a year ago. This includes fringe benefit tax (FBT), securities transaction tax (STT) and banking cash transaction tax (BCTT) revenues as well. The direct tax kitty comprising corporate tax and personal income tax stood at Rs 41,004 crore, up 56% compared with Rs 26,283 crore during April-August 15, 2005. STT collections rose 138% to Rs 1,831 crore, FBT 51% to Rs 969 crore and BCTT 151% to Rs 158 crore.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

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