<h1>Indian Finance Ministry Targets Rs. 8.3 Lakh Crore Direct Tax Revenue by 2014-15 with Enhanced Tax Processes and Global Cooperation.</h1> The Indian Finance Ministry aims to achieve direct tax revenue collections of Rs. 8.3 lakh crore and a direct tax-to-GDP ratio of 7.62% by 2014-15. Efforts include evolving tax processes, especially for cross-border taxation. The Income Tax Department has doubled collections from 2006-07 to 2010-11, aided by improved administration and taxpayer services. Initiatives like the Direct Tax Code Bill, Centralized Processing Centres, and simplified tax forms aim to enhance efficiency. A five-pronged strategy addresses black money, involving global cooperation, legislative frameworks, and institutional setups. The Directorate of Criminal Investigation targets tax crimes linked to illegal activities.