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Jaitley to meet state FMs on GST next month

Last Updated: Thursday, May 29, 2014, 21:05

Keen to fast track Goods and Services Tax (GST), Finance Minister Arun Jaitley on Thursday reviewed the progress with regard to the rollout of the new indirect tax regime and decided to hold an early meeting with the state Finance Ministers to sort out pending issues.

'Govt to miss indirect tax revenue target by Rs 17,648 cr in FY14'

Last Updated: Thursday, April 10, 2014, 20:31

The government is likely to miss revised indirect tax revenue target by about Rs 17,648 crore in the 2013-14 fiscal year due to economic slowdown, a senior government official has said.

Indirect tax collection at Rs 4.41 lakh crore in Apr-Feb

Last Updated: Wednesday, March 26, 2014, 19:09

Indirect tax collections grew by 5.6 percent to Rs 4,41,826 crore in the April-February period of this fiscal amid a slowing economy.

Indirect tax refunds at Rs 43,409 cr in Apr-Feb

Last Updated: Tuesday, March 11, 2014, 20:06

The revenue department refunded Rs 43,409 crore in customs, excise duty and service tax refunds in April-February this fiscal, which was 27.4 percent higher than that in the same period last year, the government said Tuesday.

Indirect tax collections up 6.2% in Apr-Dec

Last Updated: Sunday, January 19, 2014, 10:58

Amid slowing economy, indirect tax collections grew by 6.2 percent in the April-December period of this fiscal.

Chidambaram meets senior tax officials to review collections

Last Updated: Monday, January 06, 2014, 22:31

"Finance Minister today met senior officials of revenue department to review tax collections," a senior finance ministry official said.

Indirect tax collections up 5% in Apr-Nov

Last Updated: Sunday, December 22, 2013, 11:17

Excise collection dropped 5.1 percent during the period to over Rs 1,03,629 crore, against Rs 1,09,180 crore in the same period in the last fiscal year, reflecting slump in manufacturing activity.

Indirect tax collection rises 5.3% in Apr-Oct

Last Updated: Wednesday, November 20, 2013, 22:41

Excise collection during the April-October period was Rs 89,600 crore, while realisation from customs stood at Rs 98,000 crore, an official said.

States oppose inclusion of petro products, liquor in GST

Last Updated: Monday, October 21, 2013, 17:12

Several states on Monday opposed inclusion of petroleum products and liquor in the proposed Goods and Services Tax (GST) regime as the move would severely affect their revenues.

Indirect tax collections up 5.1% in Apr-Sept

Last Updated: Sunday, October 20, 2013, 11:46

Indirect tax collections grew by 5.1 percent in the April-September period of this fiscal, a finance ministry official said.

Rs 63,000 cr unrealised tax revenue: CAG calls for close review

Last Updated: Wednesday, September 11, 2013, 17:49

The Centre has been unable to collect more than Rs 63,000 crore in indirect tax revenue in 2011-12 which were pending due to injunction or appeal among other reasons under a head called 'call book'.

Rs 1.27 lakh crore indirect tax revenue stuck in litigations

Last Updated: Sunday, September 08, 2013, 15:27

Of the total of Rs 1,27,897.39 crore pending demand, Rs 73,274.74 crore was for service tax and Rs 54,172.65 crore for excise duty, it said.