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
  • M4M – Motive for Murder Review: A Gripping Telugu Crime Thriller That Turns Murders into Masterpieces
  • Ankam Attahasam Movie Review (2026): Madhav Suresh’s Gritty Trivandrum Gangster Drama Is a Raw, Riveting Ride
  • Citadel Season 2 Review (2026): Priyanka Chopra, Richard Madden & Stanley Tucci Make This Prime Video Thriller Unmissable
  • Dridam Movie Review: Shane Nigam’s Slow-Burn Cop Drama Is Gripping — Until It Isn’t
  • 29 Movie Review: A Heartfelt Romantic Drama That Blooms in Its Own Time
  • Razor Movie Review (2026): Ravi Babu Delivers a Gripping Survival Thriller
  • Sathi Leelavathi Review (2026): Lavanya Tripathi Shines in This Heartfelt Family Entertainer
  • Dug Dug Review (2026): A Sharp and Witty Satire on Blind Faith That Deserves Your Full Attention
  • 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

NADA Issues Notices to Indian Cricketers for Whereabouts Failure

May 9, 2026

Sobhita Dhulipala’s Inspiring Response to Telugu Influencer Goes Viral

May 9, 2026

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

May 9, 2026

Pakistan’s Human Rights Council Criticizes Hike in Petroleum Prices

May 9, 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.