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Direct and Indirect Tax collections together expected to meet the target of Revenue collections for the Current Financial Year 2015-16 without any shortfall; Latest tax collections figures up to 31st January2016 indicate healthy growth of 33.7 in Indirect Tax and 10.9 in Direct Tax collections

News and Press Release - Dated:- 10-2-2016 - The latest tax revenue numbers up to 31st January, 2016 (31.01.2016) indicate healthy growth of 33.7% in Indirect Tax and 10.9% in Direct Tax collections. As against the Annual BE target for tax collections of ₹ 14.49 lakh crore, the Government has received ₹ 10.66 lakh crore, which is, 73.5% of the BE target. Looking to the trend, it appears that as far as Indirect Tax collections are concerned, the Government may get more than ₹ 40 .....

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