J&K Income Tax Department has succeeded in making highest ever collection

In a major achievement, Income Tax Department has collected highest ever Rs 1118 crore tax in Jammu and Kashmir and increased the number of assessees by nearly 89,000 during the just concluded financial year 2018-19 financial year .Where as in  2017-18 financial year the gross tax collection was to Rs 966 crore. During 2016-17 financial year Rs … Read more

Jammu & Kashmir sees 95% increase in tax collection since 2010

The Income Tax Department has been collecting around Rs 1300 crore annually in the state. According to Central Board of Direct Taxes (CBDT) data, Rs 1302 crore have been recovered by the Income Tax Department from assesses during the financial year 2017-18. The direct tax collection has increased from Rs 711 crore in 2010-11 to … Read more