Tax collection in 2015-16 exceeds target by Rs 5,000 cr

Helped by buoyancy in indirect taxes, the government managed to surpass the total tax collection target for 2015-16 by Rs 5,000 crore at Rs 14.60 lakh crore.

Indirect tax collections rise by 20% to Rs 4.17 trillion in Apr-Feb

Indirect tax collections has registered growth of 20 percent to Rs 4.17 lakh crore in April-February period of the ongoing fiscal.

Will meet FY'12 indirect tax target of Rs 3.98 lakh cr: CBEC

The slowdown in industrial activities notwithstanding, the government today said it is confident of achieving its FY'12 indirect tax collection target of Rs 3.98 lakh crore, an 18 percent increase year-on-year.