The CBDT has revised the target for collection of corporation tax for FY 2018-19. The region-wise targets are also specified. The revised targets are required to be further allocated amongst the charges within the jurisdiction of the PCsIT. The target for personal income-tax has remained unchanged.
F. No. 38012/2018-IT (Budget)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi, 27th February, 2019
All the Principal Chief Commissioners of Income-tax
Madam / Sir,
Subject: Revised target for collection of Corporation Tax for the F.Yr. 2018-19- regarding.
I am directed to convey that pursuant to the revision of the target for collection of Corporation Tax from Rs.6,21,000 Crore to Rs. 6,71,000 Crore under Revised Estimates (RE), the region-wise revised targets for Corporation Tax fixed on the basis of current trends of growth and revenue potential of the regions, are as under: –
Pr. CCIT Region
Original target for Corporation Tax
Revised target for Corporation Tax
The revised targets as above may be further allocated amongst the charges within your jurisdiction under intimation to the Board. The targets for Personal Income Tax remains unchanged.
This issues with the approval of the Chairman, CBDT.
(Md. Tarique Kalim)
Director (IT: Budget), CBDT