4.5 percent increase in Indirect Taxes Collection
THE overall growth in Indirect Tax Revenue (Provisional) Collections during the first quarter of current fiscal year i.e. April-June 2014 have increased from Rs.1,08,639 crore to Rs.1,13,570 crore registering an increase of 4.5 % over the corresponding period (April -June 2013) in last financial year. Service Tax collections alone during April-June 2014 have increased from Rs.32,617 crore (April -June 2013) to Rs 38,862 crore (April-June, 2014).