« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing 2025: These individuals are exempt from paying tax. Do they need to file returns?  Full List Of Trump's Reciprocal Tariffs Announced Wednesday  Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025  5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025  March 15 is deadline for last advance tax installment: Know if you must pay «  Now, industrial parks to provide I-T holiday... Plan panel opposes tax benefits for imported textile... » I-T collections rise 40% in West Bengal September, 20th 2006 The Income Tax (I-T) department has notched up a 40% jump in total direct tax collections in West Bengal during April-August 06 at nearly Rs 2,237 crore (Rs 1,598 crore). The states annual direct tax collections target for financial year 06-07 is pegged at Rs 9,897 crore, which will be 30% higher than total direct tax collections in 05-06 which had stood at Rs 7,602 crore. The states direct tax collection numbers were disclosed by DK Das, chief commissioner of Income Tax (Kolkata-I), on Tuesday on the sidelines of an interactive session organised by Merchants Chamber of Commerce. The I-T department has already achieved a 40% increase in total direct tax collections in the West Bengal circle during April-August 06, which is higher than the 36% estimated growth target during this period, said Mr Das. Interestingly, nearly 67% of the PAN-holders in West Bengal filed their I-T returns, which is higher than the national level of 63%. For instance, of the 33 lakh PAN card holders in the state, 25 lakh were registered assessees and 22 lakh actually filed their returns in 05-06, said Mr Das.