Tax Collections

  • Direct tax collections rises 21 per cent in April-May June 8, 2013

    New Delhi: India's gross direct tax collections increased 21.10 percent to Rs.63,252 crore in the first two months of the current financial year, surpassing the government's expectations. According to data released by the finance ministry, gross collections from direct tax was Rs 63,252 crore in April-May period of this year as...
  • Bihar clocks 29 per cent hike in commercial tax collection April 14, 2013

    Patna: In another first in the country, tax collection in Bihar in the 2012-13 fiscal jumped to 29 per cent, Deputy Chief Minister Sushil Kumar Modi said on Saturday. "The achievement becomes all the more impressive considering that the world was witnessing an economic slowdown," Modi, also the Finance minister,...
  • Gurgaon Expressway: Court adjourns toll hearing case September 25, 2012

    New Delhi: The Punjab and Haryana Court on Tuesday adjourned the hearing in the Gurgaon Expressway toll collection case till September 28, ruling that status quo shall be maintained till then. The court was expected to decide whether toll tax should be collected on the Expressway. Earlier this month, the court...
  • Will reach the tax target for FY13: Chidambaram September 3, 2012

    New Delhi: Finance Minister P Chidambaram has a piece of advice for everyone. Holding a press conference in Delhi, the Finance Minister said that there was no need for anyone to fear tax collection. "Nobody needs to fear tax collection. If a case is thrown up for scrutiny, it does not...
  • Black money: FM to hold meet with top I-T officials September 3, 2012

    New Delhi: Finance Minister P Chidambaram will hold a meeting with top officials of the Income Tax department on Monday. He is expected to address them later in the day. Sources say he will likely review measures to bolster tax collection and tackle black money. ...
  • Govt may go slow on tax refunds, oil duty cut May 25, 2011

    New Delhi: Worried that high inflation and moderating growth could impact tax collections in 2011-12, the Government on Tuesday indicated that it may go slow on tax refunds and refrain from reducing duties on petroleum products. The indications were given by top revenue official at the annual meeting of senior Income...
  • Patna eunuchs turn tax collectors November 9, 2006

    Patna: Eunuchs dancing on the streets of Patna is nothing new, but this time they are not just dancing. They have donned a new avataar. They are the new tax collectors for the Patna Municipal Corporation - collecting overdue holding tax from long defaulters. And for their new job, the...