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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 F .....

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nancial Year 2015-16. He said that even after adjusting for the additional resource mobilization measures, due to increase in tax rates and withdrawal of exemptions, the growth rate is over 14% which shows that the manufacturing and service sector is .....

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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 official .....

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ir monsoon indicate that the economy is showing strong revival and growth. The Finance Minister mentioned that the tax collection targets for 2015-16 are realistic and should be achieved. The Finance Minister appreciated the efforts of CBEC officers .....

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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 refo .....

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at CBEC should be in readiness to implement the GST by having model draft laws and Information Technology preparedness. He remarked that for effective implementation of GST, the training of officers, capacity building and interaction with State Gover .....

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