TIOL-DDT 2885 · Monday, 11 July 2016 · story 8 of 8

Revenue Boom

THE Indirect Taxes Revenue for the first quarter of 2016-17 has seen a phenomenal hike in Revenue Collection with a 30.8% growth. Central Excise sees a rise of 50.1%. The total Indirect Taxes Revenue is nearly Rs. 2 lakh crores.

The direct tax collections upto June, 2016 indicate net revenue collection of Rs.1.24 lakh crore which is a growth of 24.79% over the corresponding period last year.

Until Tomorrow with more DDT

Have a nice Day.

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