Tax collections have doubled during UPA rule: MukherjeeFebruary 23rd, 2009 - 3:53 pm ICT by ANI
New Delhi, Feb 23 (ANI): External Affairs Minister Pranab Mukherjee claimed on Monday that tax collections have more than doubled since the United Progressive Alliance came to power in May 2004.
Direct and indirect tax collections have grown at an impressive pace over the past few years and it stands at about six lakh crore rupees annually, said Mukherjee after laying the foundation stone of Rajaswa Bhawan in New Delhi.
Describing the performance of the Central Board of Excise and Customs (CBEC) as ”impressive”, Mukherjee said the boards have achieved the huge tax collection at an extremely low cost of just half percent.
He also said that this has enabled the government to appropriately fund its flagship programmes for inclusive growth.
Mukherjee advised the board to act in the most proficient and dedicated manner to face any probable challenges in the future.
Giving the exact figures of tax collections, Home Minister P Chidambaram said the tax revenue has reached to six lakh seventy thousand crore rupees due to efficient tax collection and better tax compliance.
The Minister for Urban Development Mr Jaipal Reddy, also present at the ceremony, commended the fine job of the Revenue department.
He said the enormous budgetary support by the government to development programmes in the country helped in achieving the targets. (ANI)
- Government hopes to meet indirect tax collection target - Feb 08, 2012
- Mukherjee presents awards to National Architectural Design Competition winners - Apr 16, 2011
- Breaking the glass ceiling in India's tax administration - Aug 06, 2012
- Tax targets revised upwards: Pranab - Jan 23, 2011
- Indirect tax collection rises 17 percent - Dec 09, 2011
- Finance Minister outlines measures to 'improve governance' - Feb 28, 2011
- Fiscal deficit management need of the hour: Pranab - Jan 14, 2012
- Govt. approves setting up of seven Indirect Tax Ombudsmen - Mar 31, 2011
- Pakistan collects one trillion rupees as taxes in nine months - Apr 02, 2011
- Extra efforts needed to achieve tax targets: Pranab - Jun 08, 2011
- Government to collect Rs.7.45 lakh crore tax in 2010-11 - Sep 29, 2010
- Levy on unbranded jewellery to be withdrawn: Pranab (Lead) - May 07, 2012
- Budget promises more money for all - farmers to corporates (Third Lead) - Feb 28, 2011
- Hoping service tax target will be exceeded: Mukherjee - Jun 20, 2012
- No service tax on foreign remittances: Government - Jul 10, 2012
Tags: budgetary support, central board of excise, central board of excise and customs, crore rupees, exact figures, excise and customs, external affairs minister, external affairs minister pranab mukherjee, foundation stone, home minister, indirect tax, jaipal reddy, laying the foundation, New Delhi, p chidambaram, pranab mukherjee, progressive alliance, seventy thousand, tax collections, tax compliance