 "CBDT to conduct nationwide review of tax collection on Wednesday for FY18")
The Central Board of Direct Taxes (CBDT) will conduct on Wednesday a countrywide review of tax collection, especially for advance tax, tax deduction at source (TDS), arrears, and black money cases in a bid to shore up the direct tax revenue kitty for the financial year ending March 31.
In December, the CBDT had revised the target for direct tax collection to Rs 10 trillion, which includes personal income tax and corporate tax, up from the budgeted Rs 9.8 trillion.
Sources said the agency was confident of achieving the ambitious target as it was receiving a overwhelming response
In December, the CBDT had revised the target for direct tax collection to Rs 10 trillion, which includes personal income tax and corporate tax, up from the budgeted Rs 9.8 trillion.
Sources said the agency was confident of achieving the ambitious target as it was receiving a overwhelming response
