Operation Clean Money

An initiative of The Income Tax Department (ITD) for the e-verification of large cash deposits made during the period from 9th November to 30th December, 2016. Garnered response from more than 5.27 lakh taxpayers, who  submitted their response till 12th February, 2017.

Tax Collection Status upto Jan 2017

Tax Collection Figures up to January 2017 show consistent trend of healthy growth; During January 2017, the Net Indirect Tax grew at the rate of 16.9% compared to corresponding month last year with growth rate in net collections for Customs, Central Excise and Service Tax at the rate of 10.1%, 26.3% and 9.4% respectively January, … Continue reading Tax Collection Status upto Jan 2017