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INCOME TAX DEPT RECORDS 34PC HIGHER COLLECTION (tax collection on the customs side for the first six months to Sep 2003 stood at Rs2,032 crore).

Asia Africa Intelligence Wire

| October 19, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

The Income Tax Department of Bangalore has recorded a 34 percent increase in the collection of income tax in 2003 when compared to the collection in 2002. The department, which has 19 lakh assesses, has set a target of Rs6,445 crore for 2003-2004. …

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