The Mumbai zone of service tax department has reported 25% growth in tax collection at Rs 10,873 crore in April-May this year. Service tax collection from the zone was at Rs 8,710 crore in the same period in 2015. The Mumbai zone was given a target of collecting Rs 10,606 crore during the first two months but the collection has exceeded it by 2.5%, sources said. For the full year, the Mumbai zone has been given a revenue collection target of Rs 76,300 crore. Past financial year, the zone had collected revenue of Rs 68,714 crore. Thus, the actual increase of target for the zone ...
TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
LOGIN
Not a member yet ? Resister Now
Connect using any below
WHAT YOU GET
On Business Standard Digital
On
Digital
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
Already registered ?