(PTI)
The Income Tax Department of Bihar & Jharkhand region is likely to achieve a growth of 19 per cent in tax collection during the current fiscal as it has already successfully brought 3.25 lakh new assessees under its net. Out of the set target of 13,200 crore of tax collection for the fiscal 2017-18, the department has already achieved a collection of Rs 7,075 crore and efforts are on to meet the target in next two-and-half months, said Principal Chief Commissioner of Income Tax (Bihar and Jharkhand region), K C Ghumaria. Addressing a press conference here, Ghumaria, who was accompanied by Chief Commissioner of Income Tax (Jharkhand region) V Mahalingam, said the department has included 3.25 lakh new assesses out of the set target of 5.2 lakh in the financial year. The department is making efforts to convince people to pay tax honestly, he said while expressing confidence that the remaining new taxpayers would be brought under the tax net in the next two-and-half months time.
Currently, Bihar and Jharkhand have only 15 lakh taxpayers. Ghumaria, who was in the steel city to take part in a seminar on TDS awareness, said the objective of such seminars was to make people aware about their responsibility to pay tax honestly. He said that the strict income tax provisions, coupled with Aadhaar linkage, have made it impossible for anyone to conceal their income. He added that stringent action would be initiated against the defaulters.
