Home Login

Direct tax collections expected to breach Rs 12.50 lakh crore target: CBDT chairman

Categories: DAILY NEWS

Content Image

                          Direct tax collections are expected to breach the revised target of Rs 12.50 lakh crore and set an all-time high and "historic" record by the end of this financial year in March, CBDT Chairman J B Mohapatra has said.Multiple reasons like "easing" of tax compliance processes for tax payers and enhanced ability of the taxman in data processing were cited by him for mopping up these high-volume of collections under two major heads -- corporate tax and personal income tax.

                        "As we speak (February 1), the direct tax collection numbers stand at Rs 10.38 lakh crore so it is only 70,000 crore less from the BE (budget estimate) numbers of Rs 11.08 lakh crore. This number, at this point in time, is better than the last year's total collections," Mohapatra told PTI in a post-Budget interview.He also said that "the department never crossed Rs 11.18 lakh crore in its history".

                      "This year we are going to breach Rs 12 lakh crore...Our target is Rs 12.50 lakh crore (revised estimates) and we have good confidence of achieving the target and probably exceeding it," the Central Board of Direct Taxes (CBDT) chief said.With two months still to go for the March 31 fiscal end, Mohapatra said the target looked well within reach.

Top articles
Padma Shri for Neeraj Chopra and 5 others, Devendra Jhajharia to be honoured with Padma Bhushan Published at:- Violence over recruitment exams: Railways releases list of frequently asked questions and answers Published at:- Union Budget 2022 Schedule: Lok Sabha-Rajya Sabha meetings will be different, this is the schedule of the budget session Published at:- Centre appoints Dr V Anantha Nageswaran as the new Chief Economic Advisor Published at:- Father of Pakistan’s Nuclear Bomb Abdul Qadeer Khan dies, his notorious legacy is kept alive Published at:- E-Daakhil portal for consumer grievances launched in Rajasthan. Published at:- Karnataka To Withdraw Night Curfew, Bengaluru Schools, Colleges To Open Published at:- US blocks Pak ambassador Masood Khan’s appointment over 'possible terror links' Published at:- Farmers warn of resuming agitation if promises not fulfilled by Centre Published at:- Huge volumes of Covid-19 hospital waste threaten health: WHO Published at:- 16 new airports to be constructed in Central India: Civil Aviation Minister Published at:- India Union Budget 2022: Markets cheer as Sensex, Nifty close on a high Published at:- Coca-Cola and PepsiCo ranked as world's leading plastic polluters Published at:- Russia engages New Delhi to abstain hours before vote on Ukraine at UNSC Published at:- ‘Was tied up and given electric shocks’, says Indian boy ‘abducted’ by Chinese army Published at:- Trai recommendation on 5G spectrum by March, service roll out this year: Telecom Min Published at:- Shamita Shetty reacts to tweet claiming Tejasswi won Bigg Boss 15 as she new 'Naagin' Published at:- J&K police arrest 2 smugglers, recover 500 gm heroin Published at:- Cold wave grips Delhi, IMD predicts rainfall over northwest India today Published at:- Shiv Sena's Sanjay Raut's daughters under ED scanner in Rs 1034 crore land scam case Published at:- Direct tax collections expected to breach Rs 12.50 lakh crore target: CBDT chairman Published at:- Even after death, this person stood in the UP elections! this story is shocking Published at:- With oil markets tightening, OPEC and its allies agree to small increase in output Published at:- Ecuador: Amazon oil spill measured to 6300 barrels of leakage Published at:- Report on Havana syndrome, Meta shares sink 22per, and more Published at:- Gravitas: Woman gang-raped in Facebook's metaverse Published at:- India's Golden Boy Neeraj Chopra nominated for Laureus World Sports Awards Published at:- Karnataka college again denies entry to girls wearing Hijab Published at:- India takes huge step forward by announcing mental health initiatives in its budget Published at:- India's message to Russia will make impact, says Ukraine foreign minister Published at:- Volcano-hit Tonga enters lockdown after recording two virus cases Published at:- Climate change effect: Highest glacier on Mount Everest melting at a rapid pace, says study Published at:- Nepal Communist party lobby against MCC, US sets deadline to ratify compact Published at:- Pakistani fans pay tributes to Lata Mangeshkar: ‘Even 1,000 Pakistan cannot compensate this loss', Published at:- Five Pakistani soldiers killed in firing from Afghanistan Published at:- World's top companies failing to meet their own targets on tackling climate change Published at:- Google Chrome changes logo for the first time in 8 years, netizens react Published at:- IAF chopper crash braveheart's wife joins govt service in Kerala Published at:- REET 2021 level 2 exam to be cancelled, re-conducted after paper leak row Published at:- Karnataka hijab row reaches Lok Sabha, opposition calls it end of India's diversity Published at:- India can have a strong impact in mitigating Ukraine-Russia tension: Dmytro Kuleba Published at:- Bad news for PNB customers! Bank reduces interest rates on Savings account Published at:- 7th pay commission big update: 14per DA hike announced for govt employees Published at:- In first bilateral visit by a Pakistan PM in 23 years, Imran Khan to visit Russia this month Published at:- Kolkata eases flight restrictions from Mumbai and Delhi Published at:- 2008 Ahmedabad serial bomb blast case: 28 acquitted, 49 convicted by special court in Gujarat Published at:- Hatred for Muslims normalised in India: Omar Abdullah over 'hijab' row Published at:- Why the hijab row is not an identity issue Published at:- Honour killing: Iran in shock after man roams around streets carrying decapitated wife’s head Published at:- Hijab row: HC says no religious attire on campuses for now; classes 1-10 to resume Published at:- Karnataka colleges shut for 3 days as hijab row turns violent Published at:- Taliban supports Karnataka burqa girls, praises their love for hijab and says Islamic values are bigger than any national cultur Published at:- Karnataka hijab row Live Updates: After Karnataka HC’s interim order, police stage route march in Udupi Published at:- ‘Better for students to attend classes than protests’: Karnataka HC on hijab row Published at:- Sticker pasted on the back of a woman wearing a burqa, Anurag Thakur tweeted and said - Black exploits of red cap Published at:- Beijing Olympics: Posts on athletes abuse deleted from Chinese social media platforms Published at:- CM Yogi bluntly on hijab controversy, said - the country will run by the constitution, not by Sharia Published at:- Industrialist Rahul Bajaj, former chairman of Bajaj Group, passes away Published at:- Concerns after Hindu temples vandalised in Canada's Greater Toronto area Published at:- India planning to institute national awards for foreigners Published at:- India revises travel guidelines, cancels 7-day quarantine for foreign arrivals Published at:- Indian envoy summoned over hijab controversy hits back at Pakistan Published at:- Indian Coast Guard inducts made-in-India choppers for maritime security of west coast Published at:- Talks of all-cash deal between Adani and Zee Media utterly false and baseless Published at:- Shabana Azmi reacts to Kangana Ranaut's comment on hijab row Published at:- Commander of Oman Navy Al Rahbi on India visit from Monday Published at:- From world's biggest igloo cafe to Taj Mahal: Gulmarg offering new 'icy' surprises to tourists Published at:- Ex-chief of India's largest bourse NSE let a 'guru' to control her decisions, fined Published at:- New IPO in market: India's LIC files draft papers to sell 5per shares to raise $8 billion Published at:- Big power games trap India on a tightrope Published at:- UP, Goa Assembly Polls 2022: Polling underway in two Indian states; 55 seats in UP, 40 in Goa up for grabs Published at:- British universities eye IIT branches in UK Published at:- Industrialist Rahul Bajaj cremated with full state honours in Pune Published at:- NFT platform that sold Dorsey's first tweet shuts down due to 'rampant' fakes Published at:- 15 out of 23 monkeys die in Neuralink's trial to link human brain to computer Published at:- Marvellous accomplishment: In 2022's maiden mission, ISRO puts three satellites into orbit successfully Published at:- ‘Will break legs of couples seen celebrating Valentine’s Day’: Shiv Sena workers in Madhya Pradesh’s Bhopal Published at:- Coal India's total dividend payout this year likely to be higher than FY'21 Published at:- Labour minister to review criteria for setting up ESIC hospitals Published at:- Punjab Assembly polls: Charanjit Singh Channi to lose from both seats, claims Arvind Kejriwal Published at:- PM Modi, UAE counterpart to hold virtual meet Published at:- Dredging Corporation of India Q3 profit at Rs 29 crore Published at:- India's coal production rises 6per in January Published at:- Marketplace suspends most NFT sales, citing ''rampant'' fakes and plagiarism Published at:- Bajrang Dal members booked for harassing couples on Valentine's Day in Agra Published at:- Petrol 12 and diesel became costlier by Rs 10 at this place amid back breaking inflation Published at:- Portal will be made to change the names of cities and villages in this state, public will be able to give suggestions: CM himsel Published at:- Breach of NSA Ajit Doval's security, murmuring man was trying to enter the house Published at:- Start this business with the help of the government, there will be indiscriminate earning every month, know the way Published at:- Karnataka: Hijab-clad girl students create ruckus outside college, chanting 'We Want Justice' Published at:- Malala Yousafzai entered in Karnataka hijab controversy, said - stopping girls from going to school is horrifying Published at:- Underworld don Dawood Ibrahim's brother will reveal all the secrets! ED sought custody Published at:- Punjabi actor Deep Sidhu`s death in car crash: Sonipat Police registers FIR against truck driver Published at:- Pak scribe fires at officials before his arrest for 'obscene' remarks linking PM Khan and minister Published at:- US dismisses reports of threatening Nepal over MCC Published at:- Invoking former Afghan ruler who attacked India in 18th century, Taliban raise ‘Panipat’ military unit Published at:- South Korea weighs penalty against Tesla for exaggerating mileage Published at:- Man detained for trying to enter India's Defence Advisor’s house, claims ‘being controlled by chip' Published at:- Supreme Court sets aside HC order on quota in private sector jobs for Haryana residents Published at:- Jaisalmer: 2 children died after school bus overturned, not identified due to head crushing Published at:- Hijab Row Highlights: "Banning Hijab Amounts To Banning Quran": Petitioners To High Court Published at:- Karnataka: In Udupi, peace meet chaired by MLA says hijab okay in institutions with no dress code Published at:- J&K class 12 topper Aroosa Parvaiz trolled for not wearing hijab Published at:- Congress Adds Fuel To Controversy Over Hijab Row: Union Minister Published at:- Karnataka hijab row: Cops warn of action as protests continue Published at:- Big success for police in Punjabi actor Deep Sidhu death case, accused truck driver arrested Published at:- India: 13 women and girls killed after falling into well during marriage celebration Published at:- Zuckerberg refers to his staff as 'Metamates' in a memo laying out new principles Published at:- Pakistani social media star Qandeel Baloch’s brother acquitted in her 'honour killing' case Published at:- Pakistani journalist shot dead in Karachi Published at:- Urfi Javed breaks silence on Hijab row, says 'it’s a woman’s right to wear whatever she wants' Published at:- WWE: The Undertaker to be inducted into Hall of Fame 2022 Published at:- Kumar Vishwas' security to be reviewed by Centre following his allegations against Arvind Kejriwal Published at:- On the verge of war: What it is like to be an Indian in Ukraine right now Published at:- My anxiety level increased inside Bigg Boss 15 house, seeking help from therapist: Shamita Shetty Published at:- Pakistan: Protests against increasing harassment of women in Sindh universities Published at:- Vikrant Massey, Sheetal Thakur are married Published at:- At 289 grams, Israeli strawberry breaks Guinness record as the world’s heaviest Published at:- Russia-Ukraine crisis: Air India to operate three flights to help Indian citizens fly out Published at:- Two Indian Army soldiers and one terrorist killed in Shopian encounter Published at:- India’s famed Kashmir silk carpets get QR code based authentication Published at:- Twitter, Google blocked ads from medical journal about health, racism Published at:- Swatantrata Senani Express catches fire on Madhubani Station Published at:- Delhi metro services to be hit on yellow line from Rajiv Chowk to Kashmere Gate Published at:- Gold bars and jewellery get duty cuts under India, UAE FTA Published at:- Pakistan espionage case: IB interrogates accused Yunus in Kishangarh, open shocking secrets Published at:- The meaning of the CRPF jawan adorned on the pavilion itself Published at:- Big news for the customers of SBI, HDFC and ICICI Bank, announced by the Finance Minister Published at:- India`s 16-year-old GM R Praggnanandhaa stuns world no. 1 Magnus Carlsen Published at:- After beating Magnus Carlsen, R Praggnanandhaa posts two more wins in Airthings Masters 2022 chess Published at:- Low intensity earthquake of magnitude 4.3 hits Ladakh Published at:- IT biggies TCS, Infosys, Wipro, Cognizant to ask employees to work from office again Published at:- Bajrang Dal activist's murder: 12 taken into custody; situation peaceful in Shivamogga Published at:- Z plus security to Ram Rahim, Haryana Police told danger from this organization Published at:- Indian stock market crash due to Ukraine crisis! Sensex fell 1000 points, Nifty also fell big Published at:- Railway passengers to get cheaper tickets using Published at:- 23-year-old Hindu boy murdered for campaigning against Hijab in Karnataka Published at:- Lucknow college promises 10 extra marks to students if parents vote Published at:- Hijab row reaches Delhi, Class VI student barred from class in school at Mustafabad Published at:- Tata might relook decision to retain new Air India CEO if govt delays background check Published at:- Sensex tanks 1,540 points, Nifty drops 460 points on deepening Russia-Ukraine crisis Published at:- Airlines should stop flying over Ukraine amid tensions with Russia Published at:- Digital advertising fraud losses to hit $68 billion globally this year Published at:- Vedanta makes oil discovery in Rajasthan's Barmer, notifies Indian government Published at:- FDI equity inflows dip 16 pc during Apr-Dec 2021 to USD 43.17 bn DPIIT data Published at:- Assam man buys Suzuki Avenis scooter worth Rs 86,000 with coins Published at:- Karnataka High Court reserves orders on Hijab row Published at:- 2 LeT terrorists, civilian killed in encounter in Jammu and Kashmir’s Shopian Published at:- Leander Paes found guilty of domestic violence against Rhea Pillai by court Published at:- Bank of Baroda, SBI and HDFC customers will benefit from this big change Published at:- Opportunity to buy cheap gold in the midst of inflation, this work will have to be done sitting at home..... Published at:- New update on GST, this rule will be applicable for businessmen from April 1 Published at:- LLB student killed his father and put the dead body under the bed, himself sat on it and rested Published at:- The girl came to the house to cook food, the security guards made the video viral after the gang rape Published at:- Indian Air Force's big decision amid Russia-Ukraine war, will not participate in 'Cobra Warrior' Published at:- 3 LeT terrorists, 1 associate arrested in Kashmir Published at:- India looking to host ASEAN foreign ministers’ meeting Published at:- Second India-Africa defence dialogue on March 12 in Gujarat Published at:- Gujarat CM welcomes Indian students returning from war-torn Ukraine Published at:- CM urges EAM Jaishankar to arrange for safe return of 23 Puducherry students from Ukraine Published at:- Depleting Food Stocks Add to Trauma of Stranded Students in Ukraine Amid Reports of Some Being Roughed up Published at:- Make use of proposed railway facilities: Kerala CM to Malayali students in Ukraine Published at:- Families of Punjab students stranded in Ukraine urge govt to speed up evacuation Published at:- 21-year-old Karnataka student first casualty in Ukraine-Russia war, 'he had gone out to buy groceries' Published at:- School headmistress arrested for abetting suicide by student Published at:- Indian students stuck at Romania border in freezing temperatures, says parent of a student Published at:- Karnataka CM, other leaders mourn for student killed in Kharkiv Published at:- Enterprise analytics can change the face of retail industry says Vehant Technologies Anoop G Prabhu Published at:- Ninth flight carrying 218 stranded Indians departs from Bucharest Published at:- Airports Authority of India partners with Jewar airport to provide air traffic services in Noida Published at:- Ashneer Grover resigns as BharatPe MD, loses Singapore arbitration Published at:- LPG cylinder prices March 1, 2022: Cooking gas becomes costlier by Rs 105 Published at:- World is silent and history is repeating itself: Zelensky as 5 die after Russia bombs TV tower Published at:- Did Biden say Iranian people instead of Ukrainians in State of the Union address? Published at:- 'Intelligence operative': US expels Russian spy working for United Nations Published at:- Zain Nadella, son of CEO Satya Nadella, dies at 26: Microsoft Published at:- Indian flag helped Pakistani, Turkish students cross Ukraine border, says Indian student Published at:- Despite 97per, he couldn't get a medical seat in India: Father of Indian killed in Ukraine Published at:- Craft Safari in Kashmir: A move to revive state’s centuries old hand-made craft Published at:- Number of Dhankubers increased in India, the country is at this rank in the world Published at:- Student from Punjab's Barnala dies of stroke in Ukraine Published at:- Boxer Neeraj Goyat lends helping hand to students stuck in Ukraine amid Russian attack Published at:- Jade mine landslide kills 12 in Myanmar Published at:- 107 eye operations in 16 hours: Indian Doctor sets new record Published at:- IAF not using Pakistan airspace to evacuate Indians from Ukraine Published at:- China is doing this work against India, America claims in the midst of Russia-Ukraine war Published at:- Chloe shows off no-fuss winter styles at Paris Fashion Week Published at:- Polish varsities to help Indian students from Ukraine complete their studies: Minister VK Singh Published at:- Shane Warne passes away: Snippets from Australian spin wizard's life and career Published at:- Guns were being made under the guise of lock key factory, big action of Bareilly STF Published at:- DMRC opens Skywalk linking New Delhi railway station to metro station Published at:- Passengers push burning Saharanpur-Delhi train after it catches fire near Meerut Published at:- Delhi Transport Minister Kailash Gehlot flags off 100 low-floor CNG buses Published at:- Strange alien-like creature found on streets of Sydney amid heavy rainfall Published at:- NSE ex-CEO Chitra Ramkrishna sent to 7-day CBI custody Published at:- India condemns terrorist attack on armed forces camp in Mali Published at:- Three Arizona public universities ordered to withdraw Russian investments Published at:- Induction of women cadets in NDA major policy decision, need time to study impact: Published at:- Terrorist who hijacked Indian plane IC-814 shot dead in Pakistan’s Karachi Published at:- International Women's Day: US should impose sanctions on Pakistan for Bangladeshi genocide Published at:- Meta launches 2 initiatives to support women changemakers, entrepreneurs Published at:- In Japan, 'Killing Stone' Splits Open, Unleashing Legend Of Trapped Demon Published at:- Indian doctor refuses to leave Ukraine without his pet panther and jaguar Published at:- Street hawker to model: Meet Internet's latest sensation, an Indian balloon seller Published at:- Indian Army’s chopper crashes in north Kashmir's Gurez; co-pilot killed, pilot critical Published at:- All you need to know about Aerocity–Tughlaqabad Silver Line Published at:- THIS message about Kanyadan Policy may be false Published at:- Sensex, Nifty settle with modest gains in choppy trade Published at:- After over a decade, Japan mourns victims of Fukushima disaster Published at:- Indian Army pilot dead, another injured after helicopter crashes in North Kashmir Published at:- Four terrorists killed in three operations in Kashmir valley, one captured alive Published at:- Diesel prices raised by Rs 75 per litre, petrol by Rs 50 per litre --Know what Lanka Indian Oil Company said Published at:- Five Indian students killed in road mishap in Canada, two others in hospital Published at:- Income tax notice for timely compliance, last date is March 31 Published at:- Indian Railways longest tunnel in Kashmir: All you need to know about T-49 Published at:- Nearly 300 lions died in India's Gujarat in 2 years, govt tells assembly Published at:- Paytm shares slump 13 per cent after RBI's restrictions on payments bank Published at:- Mother Teresa's former secretary to lead saint's Indian order Published at:- Wearing hijab is not an essential religious practice, says Indian court as it upholds hijab ban Published at:- Due to Holi, 22 mosques of Lucknow changed the timing of Friday prayers Published at:- India establishes network of 36 tide gauges to monitor tsunamis Published at:- The heat has not even started yet, the temperature here has reached 43 degrees Published at:- The heat has not even started yet, the temperature here has reached 43 degrees Published at:- Credit companies will remove stains from repaid medical debts Published at:- Rajya Sabha Secretariat Recruitment 2022: Over 100 posts available, know how to apply Published at:- Real estate company Supertech declared bankrupt, the future of 25 thousand home buyers at stake Published at:- SBI's share will cross Rs 670, if you buy it now, there will be tremendous benefit Published at:- Around 86,942 complaints disposed of by Real Estate Regulatory Authorities across India Published at:- The stock of this government company will go beyond rs130, Rakesh Jhunjhunwala's favorite, expert bullish Published at:- Over 100 stray dogs poisoned in Telangana village Published at:- Odisha Interim Budget: Programme Expenditure Hiked To Rs 1.10L Crore Published at:- IndiGo website 'hacked' by passenger after losing baggage Published at:- India's March electricity shortage worst since coal crisis in October Published at:- Gold poised for biggest quarterly gain in almost 2 years Published at:- Petrol costs Rs 100, pocket pinch leads to meme outbursts Published at:- Ukraine President Volodymyr Zelenskyy refuses to discuss Belgorod fuel depot attack Published at:- Ways to Celebrate Republic Day with Patriotic Fervor Published at:-
Main Category
Gaming Software program Cricket Other EDUCATION
|| Others || Bike || All world || Covid 19 || Bikes || Politicians || Bank Recruitment || IPL 2022 || Jio || Mobile recharge || Election 2022 || Politics news || Cricket 2022 || Budget Special || NITI Aayog || CAR || DAILY NEWS || MOBILE / TAB / WATCH / TECHNOLOGY || APIs || ABOUT LUCKNOW || SPORTS || FILM INDUSTRY || FOREIGN COUNTRIES || SCIENCE NEWS || Technology || NEW SCHEMES || CELEBRITIES || ENTERTAINMENT || NEIGHBOUR COUNTRIES || NEWS OF INDIA || FOREIGN OR INDIAN NEWS || US NEWS || UK NEWS || Historical news || Software Engineering || GAMING NEWS || Software || Cricket || Cricket || Other || Education ||
closeConn($conn); ?>