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FM Buoyancy in the Indirect Tax Collections as They Grow more than 37 in the First Four Months of the Current Financial Year 2015-16;

Dated:- 25-8-2015 - Indicates That Manufacturing and Service Sector is Performing Well; Economy Showing Strong Revival and Growth; GST is a Monumental Reform That will Benefit All Segments of Business, Increase Tax Base, Augment the Revenues and is Favoured by the State Governments and All Other Stake Holders The Union Finance Minister Shri Arun Jaitley observed that there has been a buoyancy in the indirect tax collections, which have grown by over 37% in the first four months of the Current Fi .....

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ction was attended among others by the Minister of State for Finance Shri Jayant Sinha, Revenue Secretary Shri Shaktikanta Das, Chief Economic Advisor Dr. Arvind Subramanian and senior officers of the Ministry of Finance including senior tax officials from CBEC and CBDT. The Finance Minister Shri Jaitley further said though the Indian economy is not impervious to global events, yet the growth in manufacturing and services sector, as reflected by the increase in indirect tax collections, and a fa .....

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irectorate of Tax Payers Services, Performance Management and GST. This initiative will help in meeting the challenges of tax collection and the expectations of the tax payers. The Finance Minister Shri Arun Jaitley said that GST is a monumental reform that will benefit all segments of business, increase tax base, augment the revenues and is favoured by the State Governments and all other stake holders. He said that the Constitutional Amendment Bill will soon see the light of the day. He said th .....

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