Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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: cpt :: ACCOUNTING STANDARD :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: TDS :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES
Direct Tax »
 Filing tax return before March 31? Here is what you should do and what not
 CBDT invites suggestions to draft new Direct Tax Law
 Deadline For Income Tax Returns Filing Only 12 Days Away. 10 Points
 Income Tax: E-assessment ensures greater efficiency in the taxation system
 10 Points Deadline For Income Tax Returns Filing Only 2 Weeks Away.
 Income tax returns (ITR) filing: A step by step guide to check your ITR status online and offline
 How to save tax; amazing tips to make your money stay in your wallet Income tax returns (ITR) filing
 Want to save tax? Here are the best options
 Suggestion For Option To Assessee For Higher And Lower TDS/TCS For Optimization Of Tax Collection And Refunds
 CBDT to conduct nationwide review of tax collection for FY18 today
 Here are a few last-minute tax saving ideas Not planned taxes yet?

Government to miss direct tax mopup target for third year
September, 24th 2015

The government is unlikely to meet the direct tax collection target for the third year running and the finance minister's plan to expand the tax base by a crore will also not be met, according to junior I-T officials. The target for 2015-16 is Rs 797,995 crore. The collection until September 21 was Rs 286,766 crore.

The junior officers, who have been demanding promotions held up for 15 years and filling up of vacant positions, say the department is severely short-staffed with 30 per cent positions lying vacant. A joint council of action (JCA) of Income Tax Employees' Federation and Income Tax Gazetted Officers' Association, which together claim to represent 97 per cent of the department employees, has been observing non-cooperation since September 9 and plans to strike work on October 8 if their demands are not met. JCA president Ajay Goyal said the government had agreed to an overhaul of the department and the Cabinet had approved a proposal to raise the workforce by 20,751 in May 2013. That has not happened yet.

Goyal said officials had stopped work on expanding the tax base for the past two weeks and deadlines for scrutiny assessments remain unmet. He said they will also stop sending all reports except statutory reports to the Central Board of Direct Taxes.

Collections have consistently fallen short of targets for three years. In 2014-15 the original target of Rs 7.98 lakh crore was initially revised down to Rs 7.36 lakh crore and then to Rs 7.05 lakh crore. It could, however, only collect Rs 6.96 lakh crore.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
E-catalogue online catalogue E-brochure online brochure online product catalogue online product catalogue e-catalogue Indi

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