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News
indirect tax collections
Indirect tax collections News
#DeMonetisation
09 Jan 2017
Demonetisation: FM Jaitley dismisses slowdown concerns, says higher tax mop up indicates uptick in economic activity
Finance Minister Arun Jaitley on Monday said that the indirect and direct tax collections between April and December this year increased by 25 percent and 12.01 percent respectively compared to the same period last year.
indirect tax collections
08 Jul 2016
Indirect tax mop up zooms 30.8% to Rs 1.99 lakh cr in Apr-Jun
Indirect tax collections rose by about 30.8 percent during April-June period to Rs 1,99,790 crore compared to the same period last fiscal.
Revenue Secretary
10 Jun 2016
Direct tax collection picks up 18% to Rs 43,391 crore in Apr-May
What comes out as a good news for the economy, a jump of 18 percent to Rs 43,391 crore was registered in net direct tax collections during the first two months of the current fiscal, the government said on Friday.
indirect tax collections
11 May 2016
Indirect tax collections up 41.8% at Rs 64,394 crore in April
Indirect tax collections for the month of April 2016 stood at Rs 64,394 crore registering a growth of 41.8 percent as compared to Rs 45,417 crore collected during the same period previous year.
Tax
10 Feb 2016
Spurt in indirect tax mop up to help govt meet FY16 target
After two successive years of revising downward the tax revenue target, fiscal 2015-16 which ends on March 31 is likely to see tax revenue target of Rs 14.49 lakh crore being met.
indirect tax collections
09 Nov 2015
Indirect tax mop-up paces up, grows 36% during Apr-Oct 2015
In October 2015, indirect tax revenue collections rose 36.8 percent from a year ago.
Indirect tax
04 Nov 2015
36.5% rise in indirect tax receipts a huge positive: Jaitley
The 36.5 percent rise in indirect tax collections "looks bigger because of certain additional revenue measures which we took since November last year", Jaitley said.
Tax Collections
09 Sep 2015
Indirect tax collections grow 36.5% to Rs 2.63 lakh crore
Indirect tax collections rose 36.5 percent in April-August to over Rs 2.63 lakh crore, suggesting that the underlying momentum in the economy is strong, the Finance Ministry said Wednesday.
Fiscal deficit
26 Aug 2015
Govt can spend Rs 37,200-cr more and still meet deficit target
The government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, the domestic ratings agency India Ratings said in a report Wednesday.
Finance Ministry
12 Aug 2015
Indirect tax collection growth shows economy improving: CEA
The Finance Ministry on Wednesday said a steady 37 percent growth in indirect tax collections in four months to July reflects that underlying momentum in the economy is improving.
Indirect tax
11 Aug 2015
Indirect tax revenue surges 37% to Rs 2.1 lakh crore in Apr-Jul
Indirect tax revenue jumped over 37 percent to over Rs 2.1 lakh crore during April-July period of current fiscal, on the back of higher excise collections.
tax collection
23 Dec 2014
Direct tax collections rise 5.67% during Apr-Nov
The government's direct tax collections during April-November of this fiscal rose 5.67 percent to Rs 3.29 lakh crore over the same period a year ago.
Petrol
14 Nov 2014
'Oil duty hike to shore up govt revenue by Rs 11,000 cr'
The excise duty hike on petrol and diesel by Rs 1.50 per litre will generate Rs 11,000 crore in additional revenue for the government this fiscal, India Ratings said on Friday.
Tax
12 Nov 2014
Indirect tax collections rise 5.6% in Apr-Oct
Indirect tax revenues rose marginally by 5.6 percent in the April-October period to over Rs 2.85 lakh crore, mainly on account of increase in service tax and customs collections.
indirect tax collections
12 Sep 2014
Indirect tax collections up 4.6% in Apr-Aug
Indirect tax mop up inched up by 4.6 percent in the April-August period of this fiscal, while customs duty and excise duty collections rose marginally.
indirect tax collections
12 Sep 2014
Indirect tax collections up 4.6% in April-August
Indirect tax collections rose by 4.6 percent from Rs 1,85,881 Crore in April-August 2013 to 1,94,492 Crore during April-August 2014.
indirect taxes
24 Jul 2014
Indirect tax collections up 4.5% in April-June
Indirect tax mop up inched up by 4.5 percent in the April-June quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity.
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