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'Govt to miss indirect tax revenue target by Rs 17,648 cr in FY14'

Last Updated: Thursday, April 10, 2014, 20:31

The government is likely to miss revised indirect tax revenue target by about Rs 17,648 crore in the 2013-14 fiscal year due to economic slowdown, a senior government official has said.

Better intelligence sharing yields Rs 78 cr addl tax revenue

Last Updated: Sunday, November 24, 2013, 18:27

Of the total revenue realised during 2012-13, Rs 22.11 crore accounted for evasion of payments of service tax.

Rs 63,000 cr unrealised tax revenue: CAG calls for close review

Last Updated: Wednesday, September 11, 2013, 17:49

The Centre has been unable to collect more than Rs 63,000 crore in indirect tax revenue in 2011-12 which were pending due to injunction or appeal among other reasons under a head called 'call book'.

Rs 63,000 cr unrealised tax revenue: CAG calls for close review

Last Updated: Wednesday, September 11, 2013, 16:00

The CAG while giving out this figure called for close monitoring of the process of review of call book items.

Rs 1.27 lakh crore indirect tax revenue stuck in litigations

Last Updated: Sunday, September 08, 2013, 15:27

Of the total of Rs 1,27,897.39 crore pending demand, Rs 73,274.74 crore was for service tax and Rs 54,172.65 crore for excise duty, it said.

FM asks tax officials to focus on big clients, non-filers

Last Updated: Wednesday, July 17, 2013, 13:16

The Minister said he had impressed upon the tax officials "that revenue mobilisation is the most important task of the department and they should achieve this (tax collection) target".

Delhi govt estimates to get Rs 30,454 crore as revenue

Last Updated: Thursday, March 21, 2013, 00:10

The plan expenditure is 43 percent of the total budget while non-plan expenditure is 56 percent. One percent of the total outlay has been set aside for centrally-sponsored schemes.

Arrest provisions to check service tax evasion: FinMin

Last Updated: Tuesday, March 05, 2013, 18:07

The Revenue department on Tuesday said that stringent provisions to arrest service tax defaulters are being introduced to check evasion in view of blatant misuse of certain provisions.

No service tax on vocational courses by govt institutions

Last Updated: Wednesday, August 29, 2012, 21:38

The Revenue Department on Wednesday said government institution or local authority offering vocational educational courses (VEC) won't have to pay service tax.

Direct tax revenue up 94% at Rs 4.46 trn in 5 years to FY'11

Last Updated: Tuesday, May 15, 2012, 18:28

Government's revenue from direct tax collection rose by 94 percent to Rs 4,46,935 crore in 2010-11, from Rs 2,30,181 crore in 2006-07, Parliament was informed on Tuesday.

China's tax revenue growth dips to 3-yr low in Jan-Mar

Last Updated: Wednesday, April 25, 2012, 15:52

Growth of China's tax revenues logged the slowest pace in three years in the first quarter of 2012, as the economy showed a downtrend, impacted by the global slow down.

Plug loopholes to boost tax revenue: Pranab

Last Updated: Sunday, April 08, 2012, 21:27

Finance Minister Pranab Mukherjee Sunday advised experts to plug loopholes in the taxation laws to ensure that the government got its due share of revenue and to curb avoidance.