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Indirect tax collections up 3.9% in April-July

Indirect tax collections up 3.9% in April-July

Last Updated: Tuesday, August 19, 2014, 20:04

Indirect tax mop up inched up by 3.9 percent in the April-July quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity.

Govt to pay Rs 48,069 cr as IT returns for FY13 and FY14

Last Updated: Tuesday, August 05, 2014, 17:05

Government has to pay as much as Rs 48,069 crore as income tax returns for 2012-13 and 2013-14, Parliament was informed on Tuesday.

Direct tax collection on rise: FM

Last Updated: Friday, July 25, 2014, 16:27

Reasonable tax rates lead to voluntary compliance in paying taxes and government has means like search and seizure to make people pay their dues, the Lok Sabha was informed on Friday.

Conduct non-intrusive investigations: FM tells tax officials

Last Updated: Wednesday, July 23, 2014, 22:08

The Minister "exhorted the officers of the Income Tax Department to maximise the use of innovative and non-intrusive methods of investigation," an official statement said.

Revenue collection expected to exceed target this fiscal: Jaitley

Last Updated: Monday, July 21, 2014, 12:23

The government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal.

Indirect tax collections up 4.6% in April-June

Last Updated: Friday, July 18, 2014, 19:38

The indirect tax collection target for 2014-15 fiscal stands at Rs 6.24 lakh crore.

India's 2014/15 indirect tax target is tough: Revenue Secretary

Last Updated: Monday, July 14, 2014, 11:32

The government faces "a challenge" in achieving the budgeted indirect tax target in the current fiscal year, the revenue secretary said on Monday.

CBDT ask officials to ensure M&As do not defraud revenue

Last Updated: Sunday, April 13, 2014, 12:26

As per the procedure, M&As are required to be vetted by the high court concerned.

Indirect tax collection at Rs 4.41 lakh crore in Apr-Feb

Last Updated: Wednesday, March 26, 2014, 19:09

Indirect tax collections grew by 5.6 percent to Rs 4,41,826 crore in the April-February period of this fiscal amid a slowing economy.

Hopeful of achieving direct tax collection target of FY14: CBDT

Last Updated: Monday, March 24, 2014, 20:03

Pinning hopes on last minute rush of payment of taxes by corporate and individuals, the government is hopeful of achieving revised direct tax collection target of Rs 6.36 lakh crore for this fiscal.

Banks to remain open on weekend to facilitate tax collection

Last Updated: Wednesday, March 19, 2014, 16:45

Bank branches will remain open for full day on March 29, 30 and 31 to facilitate tax collection.

MNS workers stage anti-toll demonstration in Mumbai

Last Updated: Wednesday, January 29, 2014, 23:06

A group of MNS workers on Wednesday held a demonstration against toll collection in Maharashtra and raised slogans against the Congress-NCP government.