Govt revises direct tax collection target for 2009-10

Govt revises direct tax collection target for 2009-10

New Delhi: The finance minister on Tuesday revised the direct tax collection target for the current fiscal to Rs4 lakh crore, sources said.

Commenting on the revised target, Central Board of Direct Taxes chairman SS N Murthy said, “This is an aspiration we will try to achieve it (revised target)."

Earlier in the day, speaking at the annual conference of chief commissioners and directors general of income tax, finance minister Pranab Mukherjee had exuded confidence that the budgetary target of Rs3.7 lakh crore for the current fiscal will be surpassed.

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