India's tax collections soar to record Rs 27.07 lakh crore in FY22
Gross tax collection of Rs 27.07 lakh crore from April 2021 to March 2022 compares with the budget estimate of Rs 22.17 lakh crore, said Revenue Secretary Tarun Bajaj.
Apr 08, 2022, 17:30 PM IST
Indirect tax revenue grows 24% in Apr-Jan; direct tax up 10.79%
Government's revenue collection from indirect tax grew by an impressive 23.9 percent during the April-January period, while that from direct tax rose by 10.79 percent.
Feb 10, 2017, 15:16 PM IST
Budget: FM may cut taxes, lack of indirect-tax data may make it tough
Finance Ministers usually weave around their welfare spending proposals based on projections of direct and indirect tax collections in the fiscal.
Jan 26, 2017, 15:37 PM IST
Indirect tax mop-up grows 26.2%, direct tax up 15.12% in April-November
Government's revenue collection in April to November saw indirect tax-mop up growing at an impressive 26.2 percent while that of direct tax came in at 15.12 percent.
Dec 09, 2016, 20:37 PM IST
Indirect tax collection up 30% in June quarter against last FY
The collection up to June indicate that 25.7 percent of the annual budget target of indirect taxes has been achieved in the first three months of the fiscal.
Aug 16, 2016, 19:52 PM IST
Indirect tax mop-up beats revised estimate target of Rs 7.04 lakh
Total indirect tax collection has surpassed the revised estimate target of Rs 7.04 lakh crore for 2015-16, a senior finance ministry official said on Saturday
Apr 02, 2016, 19:26 PM IST
Indirect tax collection grows by 34% in Apr-Nov period
Reflecting improvement in industrial activities, indirect tax collection jumped 34.3 percent to Rs 4,38,291 crore during the first eight months of current financial year.
Dec 09, 2015, 20:35 PM IST
Growth in indirect tax collection reflects robust growth: CEA
Growth in collection of indirect taxes in the first seven months of the current fiscal shows robust GDP expansion, Chief Economic Advisor Arvind Subramanian has said.
Nov 10, 2015, 13:42 PM IST
High indirect tax revenue reflects robust growth: CEA
Growth in collection of indirect taxes in the first half of the current fiscal shows robust GDP expansion, Chief Economic Advisor Arvind Subramanian has said.
Oct 10, 2015, 20:25 PM IST
Indirect tax collection up 35.8% in Apr-Sept period
Bulk of the growth in the indirect taxes has been contributed by excise duty collection which grew 69.6 percent during the period.
Oct 09, 2015, 18:54 PM IST
Indirect tax collection up 39.2%; excise reflects manufacturing uptick
Indirect tax collection has jumped 39.2 percent in April-May, with excise showing a smart rise reflecting pick up in manufacturing, Finance Minister Arun Jaitley said Wednesday.
Jun 10, 2015, 21:32 PM IST
Service Tax: Penalty norms encouraging voluntary compliance
In case of voluntary payments along with interest, reduced penalty have been provided depending upon the stage of litigation i.e. Prior to issuance of show cause notice, after issuance of show cause notice but before adjudication or after adjudication.
Jun 03, 2015, 18:29 PM IST
Government misses tax collection target by Rs 2,288 cr in FY15
Government has missed the overall revised tax collection target for both direct and indirect taxes by Rs 2,288 cr.
May 17, 2015, 18:17 PM IST
Indirect tax collection exceeds target by Rs 4,000 cr in FY15
The total collection as on March 31 is Rs 5,46,479 crore, based on the provisional report as against revised estimates of Rs 5,42,325 crore for 2014-15, an official statement said.
Apr 02, 2015, 15:57 PM IST
Indirect tax collections up 3.9% in April-July
Indirect tax mop up inched up by 3.9 percent in the April-July quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity.
Aug 19, 2014, 20:04 PM IST
Indirect tax collections up 4.6% in April-June
The indirect tax collection target for 2014-15 fiscal stands at Rs 6.24 lakh crore.
Jul 18, 2014, 19:38 PM IST
