MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PLANIMANICKAM)
(a) Sir, the shortage of manpower has affected tax collections in
the last financial year. However though the collections are much
higher during the current financial year, with adequate manpower
it would have been much better when compared to corresponding
period of last year. The collection under Corporate Income Tax and
Personal Income Tax(including Fringe Benefit Tax, Securities
Transaction Tax and Banking Cash Transaction Tax) upto 31st July,
2006 of the current financial year are 61.35% higher as compared
to the collections under these Heads during the corresponding
period of preceding year.
(b) The target fixed for various tax collections during the current
financial year are asunder:
Rs.(in crore)
Taxes Target fixed Actual collection (upto 31.07.06)
Corporate Income Tax 1,33,010 19,553
Personal Income Tax (IncludingFringe 77,409 16,528
Benefit Tax, SecuritiesTransaction Tax)
and BankingCash Transaction Tax).
Total 2,10,419 36,081
(c) The shortage of manpower in the Income Tax Department is
being addressed by starting the process of recruitment for 3,300
sposts sanctioned some time ago.
Further, an exercise was undertaken to assess the comprehensive
requirement of manpower on account of new areas of work arising
out of enactment of new laws and information generated through
computerization. The Department is in the process of augmenting
manpower resources and has initiated steps in this
direction. Formal sanction of new posts proposed will take some
time.