Direct tax collection for
the period April-December has increased by 8.01% from 3.96 lakh crore to 4.28
lakh crore. However it is less than the targeted growth of 15% set in the
budget.
The department needs to
issue lower refund compare to previous years with which the growth rate of
direct tax collection increased to 13.7%.
Government has taken hard
steps for tax-evaders. Government is also urging the people to pay the income
tax genuinely. The department also taking steps for more and more searching the
income tax evaders and try to get more and more information of the people which
may lead to go to the doors of such people.
Keywords-direct tax collection,direct tax collection for april-december
