x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Back Issues  
 
news details
IT Department To Bring 7.93 lakh New Taxpayers From Northern States Including J&K
7/19/2015 11:40:43 PM
Agencies

NEW DELHI, July 19: The Income Tax department has launched an ambitious drive to bring under its net one crore new taxpayers after the government recently asked the taxman to achieve the target within the current fiscal.
As part of government's initiative to broaden the tax base, the Central Board of Direct Taxes (CBDT), the apex policy making body of the I-T, this week activated all field formations of the department to achieve the goal with the Pune region being given the maximum target of bringing in over 10 lakh new assesses.
The order issued by the CBDT, has laid down region-wise targets. Maharashtra's second largest urban centre Pune leads the list with the target of over 10.14 lakh new assesses, north western states comprising Jammu and Kashmir, Himachal Pradesh, Punjab and Haryana over 9.30 lakh new assesses, and the newly bifurcated states of Andhra Pradesh and Telangana will have to contribute 7.93 lakh new taxpayers.
Similarly, Gujarat region has been given a target of getting more than 7.86 lakh taxpayers, Tamil Nadu over 7.64 lakh, West Bengal and Sikkim over 6.91 lakh, and Mumbai region 6.23 lakh assesses. The target for the national capital has been set at 5.32 lakh new assesses.
The tax department has a total of 18 regions in the country for purposes of collection of revenue under the major heads of I-T, Wealth Tax, and advance tax for large entities like corporates.
The Board has also communicated to the taxman that it should adopt a multi-pronged strategy to achieve this 'not-so-easy' target by holding meetings with trade associations and professional bodies and obtaining data on under-reporting assesses through technical and human intelligence.
The strategy in this regard was mooted and formally launched in May this year when CBDT told the tax department about the government's desire to have at least 25 lakh new assesses each month from across the country.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU