Latest News on Indirect Tax
Showing of 0 - 10 from 90 results
Indirect Tax - Total results - 90
Aug 12, 2014
Indirect tax target of Rs 6.23 lakh cr challenging but achievable: JaitleyThe minister also laid emphasis upon reducing tax litigation and tax settlement mechanism to unlock the money held up due to litigation.
Jul 21, 2014
Revenue collection expected to exceed target this fiscal: FMThe government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal.
Jul 14, 2014
Achieving Rs 6.24 lakh cr in indirect taxes a challenge: GovtThe government has budgeted Rs 6,24,902 crore in indirect tax collection in 2014-15, which is 20 percent higher than indirect tax mop-up (revised estimates) in the last fiscal.
Jul 06, 2014
Chase to begin soon: New intelligence units, 800 personnel to check service tax evasionThe Finance Ministry has cleared creation of new intelligence units across the country and appointment of over 800 personnel to check any leakage in its earnings from the indirect tax.
Jul 22, 2013
Indirect tax mop up disappoints, grows only 4.7% in first quarterThe indirect tax collection growth at 4.7% in the first quarter is much less than 19% increase envisaged in the Budget for the full 2013-14 fiscal.
May 19, 2013
Failed to pay service tax? Land in jail for 7 yearsFailing to deposit this tax may attract arrest and imprisonment upto seven years. With the passage of Finance Bill 2013 last week, the Revenue department officials can now arrest a person for non-payment of collected service tax.
Feb 24, 2013
Budget wishlist: What can be done in indirect taxesWe have discussed below a few industry-specific as well as generic issues that are plaguing various sectors from an indirect tax perspective.
Feb 22, 2013
Govt's indirect tax collection at Rs 3.75 lakh cr in Apr-JanThe government has realised Rs 3.75 lakh crore as indirect tax in the April-January period, 74.41 percent of the target for 2012-13 fiscal, Parliament was informed today.
Oct 15, 2012
Indirect tax collections grow 15.6% in Apr-SepIndustrial output growth during April-August 2012-13 was 0.4 percent, down from 5.6 percent in the same period last fiscal.
May 17, 2012
Indirect tax collection up 10.4% to Rs 33,045 crore in AprilThe indirect tax- excise duty, customs and service tax - collection had totalled Rs 29,936 crore in April 2011.