Page 11 - Income Tax Collection

Govt unlikely to cut income-tax rate amid economic slowdown, fiscal stress

The government last fiscal missed its direct tax collection target, and for this financial year it has set a higher revenue mobilisation goal of Rs 13.80 trillion

Advance tax mop-up posts dismal growth, rises by just 6% in H1FY20

Direct tax collection needs to grow by about 27% from here on to meet FY20 Budget target

Tax collection misses target by a wide margin; inches up 4.7% in Apr-Sep

Of the Rs 5.50 trillion collections, advance tax rose a tepid 7.3 per cent to Rs 2.20 trillion from Rs 2.05 crore, sources said

Confident of hitting tax-collection target, says FM Nirmala Sitharaman

Sitharaman, however, was confident that the target would be achieved without any harassment to taxpayers

Tax terrorism: Embedded in laws & practice

Blaming tax officials will not help us get to the root of the issue. The problem is government itself, in two important ways

Don't overtax and overspend: How Modi govt can avoid cooking its own goose

The govt must understand that if you spend more than you earn, you will end up bankrupt one day

Deal firmly with those who try to evade taxes: FM Sitharaman to taxmen

The minister asked three investigating wings of the revenue department to share information among themselves to nab evaders

I-T to use data mining, risk profiling to increase tax mop-up: Revenue Secy

In the 2019-20 Budget, the government has set a direct tax collection target of Rs 13.35 trillion, which includes Rs 7.66 trillion being collected as corporate taxes and Rs 5.69 trillion as income tax

Budget 2019: Income tax collection target 'too steep', say experts

The government is expecting to earn Rs 12,000 crore on account of this hike in surcharge

Shekhar Gupta: Robbing the middle class to pay the poor?

The poor are fooled purely for their cheap thrills and entertainment, but the real joke is on the middle classes

Income tax collection at record Rs 10.03 trn during 2017-18: CBDT

The I-T Department added 10.6 mn new return filers during 2017-18 and aims to add 12.5 mn new filers for the current year