Step up efforts to meet budgetary target: Chidambaram tells tax men

By Indo Asian News Service | Tuesday, February 05, 2013 | 8:30:04 PM IST (+05:30 GMT) Comment 0 Comment

New Delhi, Feb 5 (IANS) Finance Minister P. Chidambaram Tuesday asked customs and excise officials to increase efforts to meet budgetary target of Rs.5.05 lakh crore indirect tax collection in the financial year ending March 31.

New Delhi, Feb 5 (IANS) Finance Minister P. Chidambaram Tuesday asked customs and excise officials to increase efforts to meet budgetary target of Rs.5.05 lakh crore indirect tax collection in the financial year ending March 31.

Addressing a gathering of senior officials of the Central Board of Excise and Customs (CBEC) here, Chidambaram said taxes should be collected in "just and fair manner" and there was no need to adopt any hostile approach.

"There is still seven weeks to go. So they should make efforts to reach as much close to the target as possible," Chidambaram said while directing the officials to make their best efforts to achieve the budgetary target.

Chidambaram said the tax officials should take advantage of technological advances towards ensuring a "non-intrusive tax administration and promoting a non-adversarial tax environment".

The government targets to mop up Rs.5.05 lakh crore from indirect taxes in the current financial year. In the first eight months of the year, the collection was Rs.2.50 lakh crore.

Do you like this article?

Copyright  Indo-Asian News Service

User Rating  Rating(0 Votes)

Views  57

Readers Feedback & Discussion

Join India Forums for free to comment on this story. Have an account already? Login to comment.

News Business Articles Index

  

Articles in National, Business

Art - Culture Business Diaspora
Education Health Politics
Religion Sports Sci-Tech
Travel

AROUND THE WORLD NOW

Asia America Australia
Africa Europe Gulf-Middle East
Pakistan Nepal Bhutan
Sri Lanka Bangladesh Maldives

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.