Budget Collection

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..... is juncture, one needs to review what has already been achieved and what is still to be accomplished so as to usher in the new Financial Year with utmost satisfaction. In the area of net direct tax collections, the present growth rate is not encouraging if compared with the preceding Financial Year. The net collections as on 31st January, 2016 stand at ₹ 5,21,853 crore indicating achievemen .....

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..... by 8.13%. Chairman, CBDT needs to ask all Commissioners to achieve their target." Whereas the scope of increasing collections under the minor heads of advance tax and self-assessment tax is rather limited, there is no justifications for a negative growth rate in respect of regular tax. I am sure that a large portion of the current demand raised during the current Financial Year would have f .....

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