Close Menu
  • Indian Festivals 2026
  • Movie & OTT Releases This Week
  • News
  • Entertainment
  • NRI Life
  • Research
  • Advertise with us
Facebook X (Twitter) Instagram YouTube
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
Indian CommunityIndian Community
Trending
  • Onekdin Por Review (2026): A Quietly Powerful Bengali Drama That Heals the Heart
  • Carry On Jatta 4 Review (2026): Punjabi Comedy’s Most Beloved Franchise Returns With Even Bigger Laughs
  • Moda Kavida Vaatavarana (2026) Review: Suni Weaves a Hauntingly Beautiful Monsoon Drama That Lingers Long After the Credits
  • UYiR Movie Review (2026): Roshan Mathew Delivers a Gripping Performance in This Malayalam Crime Thriller
  • Tera Mera Nata Review (2026): A Heartfelt Tale of Love, Family, and Sacrifice
  • Heartin Movie Review: Sananth and Madonna Sebastian Deliver a Visually Stunning Tamil Romance Worth Your Time
  • Risk – A Game of Youth Review: A Gritty Crime Drama That Takes Bold Chances With Youth and Ambition
  • Balaramana Dinagalu Review: Vinod Prabhakar’s Gritty Gangster Drama Is a Compelling Ride Worth Watching
  • Indian Festivals 2026
  • News
    • National
    • International
    • Entertainment
    • Achievements
    • Scam Alerts
    • Business
    • Health & Medicine
    • Science & Technology
    • Sports
  • Entertainment
  • Latest Movie Releases
    • Latest OTT Releases
  • NRI Life
  • India & Culture
  • Health & Wellness
  • Research
Indian CommunityIndian Community
Home » News » Business
Business

CBDT Aims to Recover Rs 2.57 Lakh Crore in Tax Demands This Fiscal Year

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 9, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
CBDT Aims to Recover Rs 2.57 Lakh Crore in Tax Demands This Fiscal Year
Share
Facebook Twitter LinkedIn Pinterest Email

The Central Board of Direct Taxes is intensifying efforts to collect Rs 2.57 lakh crore in confirmed tax dues this fiscal year. Special teams will focus on the top 10,000 high-value pending cases across the country in FY27, as per officials from the tax department speaking to NDTV Profit. Technology-driven methods involving artificial intelligence, data analytics, and digital forensics will be employed for tax recovery and compliance monitoring.

Moreover, recovery teams may utilize the CERSAI mortgage and asset database to locate properties and secured assets associated with defaulters. The tax authorities will keep a close watch on leading advance-tax payers to prevent misuse of exemptions and deductions. In the previous fiscal year, the CBDT resolved 2.24 lakh appeals related to disputed demands amounting to Rs 8.27 lakh crore.

During FY26, the number of pending appeals decreased from 5.40 lakh to 4.95 lakh, with instructions given to officers to prioritize recovery from non-compliant taxpayers. The direct tax collection target for FY27 is set at 26.97 lakh crore according to the Budget 2026. Despite a moderate year-on-year increase in India’s direct tax collections in FY26, reaching Rs 23.4 lakh crore based on provisional data, it fell short of the government’s Revised Estimate by about Rs 81,000 crore due to changing macro-economic conditions.

Chief Commissioner of Income Tax (IT & TP) Nirupama Kotru mentioned that the newly implemented Income Tax Act 2025 has simplified India’s tax system, making it more understandable and user-friendly for taxpayers. The reforms aim to assist individuals in filing returns independently and reduce reliance on tax professionals for basic compliance.

CBDT CERSAI FY27 Income Tax Act 2025 NDTV Profit Nirupama Kotru
Add us to Google Preferred Sources
Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

Add A Comment

Tripura to Receive Modern Medical Equipment Under PM’s Fund

June 29, 2026

Jannik Sinner Starts Wimbledon Title Defense with Gritty Win

June 29, 2026

Hyderabad E-Champions Secure Convincing 56-Run Victory in TG20 Match

June 29, 2026

Kevin Spacey Talks About Returning to Normalcy Post Sexual Misconduct Allegations

June 29, 2026
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
About Us
  • About Us
  • Contact Us
  • Terms of Service
Corporate
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
© 2026 Designed by CreativeMerchants.

Type above and press Enter to search. Press Esc to cancel.