Statewise Income Tax collection Target for FY 2020-21 allocated by CBDT

BY SPEED POST

F.No. 380102/2020-IT(B)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

North Block, New Delhi

16th April. 2020

To

All Principal Chief Commissioners of Income Tax

Subject: Budgetary target for Financial Year 2020-21- Region wise allocation —regarding.

Sir / Madam,

I am directed to forward herewith Region-wise allocation of budgetary target for Financial Year 2020-21 as per Annexure for kind information.

2. The Budget target for each cadre-controlling Pr. CCIT has been fixed keeping in view the revenue potential of the Region, which is based on the weighted average growth rate of net collections of last three years, giving highest weight to the immediately preceding year. The statistical growth rate for a Region has been further moderated by averaging it out with the all-India targeted growth rate so as to narrow the gap between all-India growth and the target growth rate given to the Region.

3. The above targets should be further allocated down to various field units under your jurisdiction keeping in view the past performance and revenue potential of different charges.

This issues with the approval of Chairman, CBDT

Yours faithfully.

Ertel: As above

(Mahesh Kumar)
Director (IT-Budget)
Tele: 23092641
Email: dirbud-cbdt@nic.in

Copy for information to:

1. Chairman and all Members in the CBDT

2. All JS/CsIT in CBDT

Annexure