Centre exceeds Revised Tax Collections target for FY 2016-17: Tax Collections up 18% at Rs 17.1 lakh crore
Provisional figure of Total Tax Collections in 2016-17 is Rs. 17.10 Lakh Crore as against the Revised Target of Rs. 16.97 Lakh Crore.;  Direct Tax collections up to March, 2017 stood at Rs. 8.47 Lakh Crore
Direct Tax collection rises 15.03%, Indirect Tax collection up 27.5% in April-August
The figures for Direct Tax Collections up to August, 2016 show that net revenue collections are at Rs. 1.89 lakh crore which is 15.03% more than the net collections for the corresponding period last year. Till August 2016,22.30% of the
GST Revenue falls to 94,016 Crores in May
The total gross GST revenue collected in the month of May 2018 is Rs.  94,016 crore of which CGST is Rs.15,866 crore, SGST is Rs.21,691 crore, IGST is Rs. 49,120crore (including Rs. 24,447 crore collected on imports)
Direct Tax Collections for F.Y. 2017-18 show Growth of 18.7% up to 15th Jan, 2018
Provisional figures of Direct Tax collections up to 15th January, 2018 show that net collections are at Rs. 6.89 lakh crore which is 18.7% higher than the net collections for the corresponding period of last year. The net Direct Tax
Direct Tax Collections for F.Y. 2017-2018 show Growth of 19.3% up to Jan, 2018
The provisional figures of Direct Tax collections up to January, 2018 show that net collections are at Rs.6.95 lakh crore which is 19.3% higher than the net collections for the corresponding period of last year. The net Direct Tax
Karnataka Government Passes Bill imposing 10% Tax on Temples Revenue Exceeding 1 crore
The Karnataka government, on Wednesday passed the Hindu Religious Institutions and Charitable Endowment Bill, 2024 in the Assembly. This bill introduced a new mandate wherein the government will collect 10 percent of the income generated
Orissa GST in its Progressive Path: Record of 40 per cent Growth in GST Collection
The Integrated Goods and Services Tax (IGST) and State Goods and Services Tax (SGST) collections for February 2023 of the current Financial Year increased by a combined 40%, according to the Odisha Goods and Services
CBDT Chairman expresses Hope of achieving 13.35 lakh cr Tax Collection Target
The Central Board of Direct Taxes ( CBDT ) Chairman PC Mody on Thursday expressed hope that the body will able to achieve the target of tax collection given to them at the beginning of
Indirect Tax collection grows 41.8% compared to last year
Indirect Tax collections for the month of April 2016 was Rs 64,394 crore registering a growth of 41.8% as compared to Rs. 45,417 crore collected during the same period previous year i.e. month of April
Drive on to boost GST revenue: Somesh to hold weekly meet on GST collection in Telangana
The Chief Secretary Somesh Kumar held a coordination meeting with Central and State GST officials on GST tax collections at BRKR Bhavanon. The Chief Secretary observed that if the State and the Central governments work
GST May Collection crosses Rs 1,00,289 crore
The Central Government today said that the GST collections grew 6.67 per cent to touch Rs 1 lakh crore in May, as compared to Rs 94,016 crore in the year-ago period. This is, however, lower
RBI issues Directive for reporting Central Government Transactions including CBDT and CBIC for March 2024
The Reserve Bank of India ( RBI ) has issued directions for reporting the transactions of the Central Government including transactions including CBDT, CBIC, Departmentalized Ministries and Non-Civil Ministries for March 2024. The Government of
Finance Ministry Clarifies TCS Collection to Small International Debit/Credit Card Transactions under LRS
Following the Frequently Asked Questions (FAQs), the ministry clarified the Tax Collection at Source (TCS) collection for modest foreign debit/credit transactions under the Liberalised Remittance Scheme on May 19, 2023. The implementation of Foreign Exchange
Himachal Pradesh State Cabinet Approves Creation of Excise and GST & Allied Taxes Wings for State Taxes Department
Under the Chairmanship of Chief Minister Thakur Sukhvinder Singh Sukhu, the Himachal Pradesh Cabinet has given approval for a significant overhaul of the State Taxes and Excise department, establishing separate wings for Excise and GST
GST: Odisha registers 2.3 per cent Increase in Tax Collection
After the Implementation of new tax laws Goods and Service Tax (GST), Odisha registered with 2.3% growth rate in tax collection. Odisha Finance Minister S B Behera informed the growth rate in tax collection while