CBDT Revises Targets For Collection Of Corporate Tax In FY 2018-19

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

To,

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
Ahmedabad	26071	26171
Bengaluru	61483	65233
Bhopal                                         12194		14176
Bhubaneshwar                                          7362		9155
Kolkata                                        27207		29398
Chandigarh	21176	23681
Chennai	43136	45109
Kochi	7648	7564
Delhi	86868	100162
Guwahati	3831	4539
Hyderabad	26987	30660
Jaipur	10390	11727
Kanpur	14095	15930
Lucknow	2554	2660
Mumbai	237666	249802
Nagpur	1712	1250
Patna	4517	4880
Pune	26101	28903
TOTAL	621000	671000

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.

Yours faithfully:

(Md. Tarique Kalim)
Director (IT: Budget), CBDT
Tel: 011-23092641