« Top Headlines » Open DEMAT Account in 24 hrs   How to check income tax return (ITR) status  Income tax rules: How much cash can you receive in one day to avoid an I-T notice?  Tax saving tips: How you can reduce tax burden under the new regime  Condonation of delay under section 119(20) of the Income-tax Act, 1961 in filing of Form No. 9A/10/108/10BB for Assessment Year 2018-19 and subsequent assessment years  Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22 and 2022-23  New GST form notified to help taxpayers adjust tax demand amount: Here's how to use  ITR filing deadline extended to November 15, 2024 for these taxpayers «  ‘Legal framework to back advanced payment and settlement... CBDT norms to address taxpayers` grievances... » Small cities clock smart growth in I-T collections October, 27th 2006 Finance minister’s recent observation that smaller cities have begun paying more taxes is borne out by numbers. Regional centres like Patna, Bhubaneswar, Bhopal and Jaipur also seem to have chipped in to the 40% growth in total income tax collections in the first half of the current fiscal. In fact, growth in personal income tax collections from these centres has been much higher than the national average of 26% in the first half of the current fiscal. Bhubaneswar recorded a growth of 186% in personal income tax collections. Tax collections till September ’06-07, stood at Rs 539 crore, as against Rs 189 crore in the same period of the previous fiscal. Guwahati too, registered a 72.13% growth in personal income tax collections, touching Rs 341 crore in April-September ’06-07. Jaipur zone has witnessed a 51.1% growth. Personal income tax collections from the regional centre grew from Rs 323 crore in April-September ’05-06 to Rs 488 crore in April-September ’06-07. In fact, Jaipur also witnessed the highest growth in corporate tax collections. It witnessed a rise of 209.2%, as against the national average of 47.9% in corporate tax collections which rose from Rs 348 crore in April-September ’05-06 to Rs 1076 crore in April-September ’06-07. Bhopal has witnessed a growth of 44.96% in personal income tax collections from Rs 639 crore in April-September ’05-06 to Rs 927 crore in the first half of the current fiscal. Hyderabad also saw similar growth levels. Personal income tax collection in first half this fiscal grew by 45% to Rs 1,443 crore from Rs 995 crore in corresponding period last fiscal. Patna witnessed a growth of 37.6% in personal income tax collections. Collections rose from Rs 280 crore in April-September ’05-06 to Rs 386 crore in April-September ’06-07.