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TMI BlogTax collection targets for the current financial year increasedX X X X Extracts X X X X X X X X Extracts X X X X ..... Tax collection targets for the current financial year increased X X X X Extracts X X X X X X X X Extracts X X X X ..... ndirect tax collections are being raised for this financial year. He said that direct tax collection target is to be increased to 4% and indirect tax collection target will be raised to 6%. The Financ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Minister was addressing the review meeting of Central Board of Direct taxes (CBDT) and Central Board of Exise and Customs (CBEC) in Chennai today. The Finance Minister asked officials to focus on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... increasing service tax collection. He pointed out that while the services sector has grown enormously, the rise in service tax collection was not commensurate. Shri Pranab Mukherjee also said that f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or ensuring a high rate of economic growth it was necessary to roll out the Goods and Services tax (GST) regime. He assured everyone that all steps will be taken to resolve the hurdles in the implimen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tation of GST. Besides high officials of both the boards, Minister of State for Finance Shri S S Palnimanickam, Revenue Secreatry Shri Sunil Mitra, Chairman CBDT Shri Sudhir Chandra and Chairman, CB ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EC Shri Dutt Majumdar took part in the review meeting. X X X X Extracts X X X X X X X X Extracts X X X X
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