Total collection from direct taxes stood at Rs 5.47 lakh crore as on February 13, which is 68.7 percent of the budget target for the fiscal.Feb 22, 2016, 20:19 PM IST
After two successive years of revising downward the tax revenue target, fiscal 2015-16 which ends on March 31 is likely to see tax revenue target of Rs 14.49 lakh crore being met.
Feb 10, 2016, 13:27 PM IST
The government has detected an undisclosed income of Rs 1,761.09 crore while it seized Rs 75.37 crore in a total of 41 searches till June this fiscal, Parliament was informed Friday.Jul 31, 2015, 19:00 PM IST
The government's direct tax collections during April-November of this fiscal rose 5.67 percent to Rs 3.29 lakh crore over the same period a year ago.Dec 23, 2014, 19:01 PM IST
The government plans to collect over Rs 6.68 lakh crore from direct taxes in the current fiscal, up from Rs 5.65 lakh crore in the previous fiscal.May 21, 2013, 14:52 PM IST
The Parliamentary panel on Direct Taxes Code in its report tabled in Lok Sabha on Tuesday has suggested raising the income tax exemption limit to Rs 3 lakh.Mar 13, 2012, 17:01 PM IST
Gems and Jewellery Federation (GJF), the national body of the jewellery trade, has urged the Government to modify the direct taxes code (DTC).Dec 22, 2009, 17:50 PM IST