GET Stock QuotesNews18 APP
News18 English

Assembly Election LIVE Results

  • LOST

    Shaktisinh Gohil

    INC (Mandvi)
  • WON

    Jignesh Mevani

    IND (Vadgam (SC)
  • WON

    Alpesh Thakor

    INC (Radhanpur)
  • WON

    Nitinbhai Patel

    BJP (Mahesana)
  • WON

    Hitu Kanodiya

    BJP (Idar (SC)
  • WON

    Pradipsinh Jadeja

    BJP (Vatva)
  • LOST

    Babubhai Mangukiya

    INC (Thakkarbapa Nagar)
  • WON

    Himmatsinh Patel

    INC (Bapunagar)
  • WON

    Bhupendrasinh Chudasama

    BJP (Dholka)
  • WON

    Somabhai Patel

    INC (Limbdi)
  • LOST

    Indranil Rajguru

    INC (Rajkot West)
  • WON

    Vijay Rupani

    BJP (Rajkot West)
  • WON

    Jayesh Radadiya

    BJP (Jetpur)
  • WON

    Lalit Vasoya

    INC (Dhoraji)
  • LOST

    Raghavjibhai Patel

    BJP (Jamnagar Rural)
  • WON

    Hakubha Jadeja

    BJP (Jamnagar North)
  • LOST

    Arjun Modhwadia

    INC (Porbandar)
  • WON

    Paresh Dhanani

    INC (Amreli)
  • WON

    Purshottam Solanki

    BJP (Bhavnagar Rural)
  • WON

    Jitu Vaghan

    BJP (Bhavnagar West)
  • WON

    Saurabh Patel

    BJP (Botad)
  • LOST

    Ramsinh Parmar

    BJP (Thasra)
  • TRAILING

    CK Raulji

    BJP (Godhra)
  • WON

    Mohansinh Rathava

    INC (Chhota Udaipur (ST)
  • LOST

    Siddharth Patel

    INC (Dabhoi)
  • WON

    Manisha Vakil

    BJP (Vadodara City (SC)
  • WON

    Rajendra Trivedi

    BJP (Raopura)
  • WON

    Mahesh Vasava

    BTP (Dediapada (ST)
  • WON

    Chhotubhai Vasava

    BTP (Jhagadia (ST)
  • LOST

    Tusharbhai Chaudhari

    INC (Mahuva (ST)
  • LOST

    Thakur Singh Bharmouri

    INC (Bharmour (ST)
  • WON

    Asha Kumari

    INC (Dalhousie)
  • TRAILING

    GS Bali

    INC (Nagrota)
  • LOST

    Sudhir Sharma

    INC (Dharamshala)
  • LOST

    Indu Goswami

    BJP (Palampur)
  • WON

    Jai Ram Thakur

    BJP (Seraj)
  • WON

    Anil Sharma

    BJP (Mandi)
  • LOST

    Champa Thakur

    INC (Mandi)
  • LOST

    Prem Kumar Dhumal

    BJP (Sujanpur)
  • LOST

    Satpal Singh Satti

    BJP (Una)
  • WON

    Virbhadra Singh

    INC (Arki)
  • WON

    Suresh Bhardwaj

    BJP (Shimla)
  • WON

    Vikramaditya Singh

    INC (Shimla Rural)
  • WON

    Narinder Bragta

    BJP (Jubbal Kotkhai)
»
2-min read

Arun Jaitley to meet IT official to review revenue collection

Among host of issues that pose a challenge to the revenue collection, official said, the FM would review the shortage of tax collection under Tax Deducted at Source (TDS) category.

Updated:October 28, 2014, 7:02 PM IST
facebookTwittergoogleskypewhatsapp
Arun Jaitley to meet IT official to review revenue collection
Among host of issues that pose a challenge to the revenue collection, official said, the FM would review the shortage of tax collection under Tax Deducted at Source (TDS) category.

New Delhi: Finance Minister Arun Jaitley will hold a high-level review-cum-strategy meeting of top Income Tax (I-T) commissioners on Thursday to bolster revenue collection work and chart a roadmap to achieve the target.

All Principal Chief Commissioners and Chief Commissioners of I-T department in the country have been asked by the Central Board of Direct Taxes (CBDT) to assemble for the meeting in the national capital on Wednesday, a senior I-T official said.

The CBDT has also asked these officers to update and prepare latest reports about the status of tax collections in their respective regions before the meeting.

Among host of issues that pose a challenge to the revenue collection, official said, the FM would review the shortage of tax collection under Tax Deducted at Source (TDS) category.

CBDT Chairman KV Chowdary, gauging the importance of the subject, on Tuesday held a video conference session with the top I-T officers asking them to pull up their socks and ensure a larger chunk of revenue under this category. Officials, citing a CBDT data, said while during the same period last year TDS collections stood at 14.5 per cent, this year it was lagging behind at 9.3 per cent.

"The high-level meeting on Thursday will discuss threadbare about these issues which are posing a challenge to the revenue work. "The CBDT has asked all cadre controlling chief commissioners to prepare the latest data of tax collection in their regions which should be updated till October 20 and this would be presented to the FM," the officer said.

The meeting is not only expected to review the job done till now but also to strategise steps that would bolster these efforts, he added. The CBDT, the apex policy making body of I-T department, has asked the officers to prepare the status reports under separate and detailed heads of collection from each sector so that a threadbare discussion can be held between the Finance Minister and the senior brass of the department.

"It is expected that a roadmap to bolster revenue collection in the remaining months of this fiscal will also be discussed with the officers during this meeting with the minister. The road blocks and achievements made in this domain in this fiscal will also be shared," the officer said.

A big issue of large number of senior posts lying vacant in the department would also be discussed, he added. This is be the second time since Jaitley, who took over as Finance Minister, would be meeting the zonal heads of I-T and CBDT after he met them during their annual conference here in June.

While the participation of Revenue Secretary Shaktikanta Das in the meeting is confirmed, the attendance of MoS Finance Nirmala Sitharaman is awaited, the officer said. The government has fixed direct tax collection target of over Rs 7,36,221 crore for 2014-15, which is 15 per cent higher than the revised estimates of last fiscal.

Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
SBI 318.90 +6.65 +2.13
Reliance 921.00 +1.25 +0.14
M&M 1,521.45 +38.05 +2.57
Maruti Suzuki 9,309.10 +143.20 +1.56
Adani Enterpris 159.95 +4.75 +3.06
Company Price Change %Gain
Maruti Suzuki 9,308.05 +144.05 +1.57
ICICI Bank 308.85 +5.40 +1.78
Bharti Airtel 526.70 +7.75 +1.49
Petronet LNG 254.45 +6.50 +2.62
Bombay Dyeing 280.80 +14.10 +5.29
Top Gainers
Company Price Change %Gain
Vedanta 308.40 +10.40 +3.49
Hindalco 249.65 +6.90 +2.84
Cipla 591.65 +15.20 +2.64
M&M 1,521.45 +38.05 +2.57
Sun Pharma 529.80 +15.40 +2.99
Company Price Change %Gain
M&M 1,522.85 +40.20 +2.71
Cipla 590.35 +14.45 +2.51
Sun Pharma 528.85 +10.65 +2.06
SBI 318.90 +6.15 +1.97
Wipro 295.30 +5.50 +1.90
Top Losers
Company Price Change %Gain
Yes Bank 311.15 -4.75 -1.50
HPCL 437.80 -6.00 -1.35
Tech Mahindra 494.00 -6.75 -1.35
Coal India 267.65 -3.35 -1.24
UPL 710.05 -7.75 -1.08
Company Price Change %Gain
Coal India 268.05 -3.00 -1.11
Infosys 1,015.35 -8.10 -0.79
BHEL 89.30 -0.60 -0.67
ITC 263.10 -1.65 -0.62
Kotak Mahindra 1,023.55 -5.45 -0.53

Live TV

File is:/article-scroll-new.php