<h1>Finance Minister Pledges Stable Tax Regime; Targets Rs. 5.7 Lakh Crore Direct Tax Collection for 2012-13.</h1> The Finance Minister emphasized the government's commitment to a stable tax regime for improved compliance and revenue growth. During a consultative committee meeting, it was highlighted that systematic changes, such as enhancing the tax information system, are necessary for better tax collection. With a moderate peak tax rate of 30%, there is potential for increased compliance. Currently, 50% of taxpayers file electronically, aiding faster processing and refunds. The direct tax collection target for 2012-13 is set at Rs. 5,70,251 crore. Suggestions were made to maintain low tax rates, pay interest on refunds, expand the tax base, and establish rural tax facilitation centers.