Will increased Tax revenue bring smile on taxmen's face!!

TAXMEN DEMAND BETTER DEAL AS COLLECTIONS TOUCH NEW HEIGHTS Income tax officers are awaiting the day when Finance Minister P Chidambaram approves a proposal to earmark 1 per cent of annual direct tax collections for meeting the annual expenditure of the Central Board of Direct Taxes (CBDT). With direct tax collections expected to gross Rs 300,000 crore in 2007-08, the CBDT can expect around Rs 3,000 crore to meet its annual expenditure and for improving the tax administration struc

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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