CBDT mops up Rs 6L cr in direct tax collection so far

| | New Delhi
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CBDT mops up Rs 6L cr in direct tax collection so far

Friday, 15 November 2019 | PTI | New Delhi

CBDT mops up Rs 6L cr in direct tax collection so far

The Government has so far mopped up Rs 6 lakh crore or less than 50 per cent of the total tax collection target of Rs 13.35 lakh crore for the current fiscal, a senior official said.

Efforts are being made to achieve the target set in the Budget, Central Board of Direct Taxes Chairman P C Mody said after inauguration of the Taxpayers Lounge at Pragati Maidan here.

“During the beginning of the year, we were given the tax collection (target) of Rs 13.35 lakh crore. Of this, we have already collected Rs 6 lakh crore so far,” he said.

Refunds due to the tax payers are done swiftly, he said, adding the refunds have gone up 20 per cent compared to the last fiscal.

“Efforts are made towards tax collection and I have full confidence that we will reach the target set in the Budget,” Mody said. He also said the tax payer services is one of the focus area of CBDT. Keeping this in mind, a member has been appointed for tax payer services.

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