Chandigarh region records 38 percent income tax growth

May 18th, 2011 - 1:20 am ICT by IANS  

Chandigarh, May 17 (IANS) The income tax collection in the Chandigarh region has grown by a whopping 38 percent against a national increase of 20 percent, a top official said here Tuesday.

Central Board of Direct Taxes (CBDT) chairman Sudhir Chandra said that the growth in tax collection for the Chandigarh region was the highest in any region of the country in the 2010-11 financial year.

The Chandigarh region comprises Punjab, Haryana, Himachal Pradesh, Jammu and Kashmir and the union territory of Chandigarh.

Chandra said that the region had collected Rs.4,300 crore in taxes in 2010-11. This was 38 percent higher than the taxes collected in the previous year.

Inaugurating the new building of the income tax regional headquarters here Tuesday, Chandra said that the new office would cater to the 3,120,022 tax-payers in the region.

Asking income tax officials to clean-up their own act before putting others in the dock over non-payment of taxes, Chandra said that income tax refunds of Rs.74,000 crore in 85 lakh cases had been made in recent months.

He said that the tax deduction at source (TDS) was being refunded with interest to tax-payers eligible for refunds.

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