Budget Collection

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....l aware, we are in the last quarter of the current Financial Year. At this juncture, one needs to review what has already been achieved and what is still to be accomplished so as to usher in the new Financial Year with utmost satisfaction. In the area of net direct tax collections, the present growth rate is not encouraging if compared with the preceding Financial Year. The net collections as o....

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....cretary also observed as under:     "The gross collection grew only by 8.13%. Chairman, CBDT needs to ask all Commissioners to achieve their target." Whereas the scope of increasing collections under the minor heads of advance tax and self-assessment tax is rather limited, there is no justifications for a negative growth rate in respect of regular tax. I am sure that a large p....