Tax dept gets busy on 15% hike in mop-up target

The proposed target comes sans any amnesty scheme

Ahead of an uphill collection target for the current financial year (FY18), the income tax department has prepared a multi-pronged strategy to achieve 15.7 per cent growth, without any amnesty schemes that provided a buffer last year. There’s also been a reduction in the rate for the lowest income slab. 

The strategy includes litigation management, disposal of high-value cases, scaling up of searches and seizures, strengthening of systems and investigation teams, and tying with global data mining companies for information gathering.

The department has a collection target of Rs 9.8 lakh crore for 2017-18, up 15.7 per cent, compared with