CBDT reduces tax collection targets by Rs. 45K crore for FY 2019-20

F.No. 380/03/2019-IT(B)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

North Block, New Delhi 5^th August, 2019

To

All Principal Chief Commissioner of Income Tax

Subject: Budgetary target for Financial Year 2019-20-Region wise revised allocation-regarding.

Sir/Madam,

I am directed to refer to Board’s letter of even number dated 24^th May, 2019 regarding Region-wise allocation of budgetary target of Rs. 13,80,000 crore for the Financial Year 2019-20. In this regard, it is stated that in the main Budget presented in July, 2019, Rs. 13,35,000 crore (reduction of Rs. 45,000 crore) has been allocated as the Budget Estimates for Direct Taxes for the Financial Year 2019-20. Accordingly, revised Region-wise allocation of budgetary target for Financial Year 2019-20 is forwarded herewith for kind information,

2. It is requested that the allocation of revised budgetary target to the field formations below may kindly be intimated to the Board at the earliest.

3. This issues with the approval of Chairman. CBDT.

Yours faithfully,

Encl. As above

(Sandeep Singh)
Under Secretary to the Govt. of India
Tele: 23094182

Revised Region wise Allocation FY 2019-20