SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 27 Sep, 2014  

Rupee.9.Thmb.jpg Govt to achieve budgeted revenue target in FY 14: FM

FM P Chidambaram New
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 17 Jul, 2013
Finance minister P. Chidambaram Wednesday said the government will achieve its budgeted revenue target for the current financial year.

“In 2012-13, we achieved 21 percent increase over the previous year's collection. With economy expected to grow certainly higher than 5 percent, I think with growth close to 6 percent, we should be able to collect 19 percent more than last year," he said.

The finance minister was inaugurating the 28th conference of chief commissioners and director generals of the Central Board of Excise and Customs (CBEC).

The government plans to mop up around Rs.13,300 crore as direct taxes and Rs.4,700 crore as indirect taxes this fiscal.

The minister also said that the revenue department will take a close look at the 12 lakh service tax assessees who have stopped filing returns.

The government expects to garner Rs.1.8 lakh crore through service tax this fiscal.
Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter