Indirect tax collection increases by 35.8 Percent

Indirect tax collection increases by 35.8 Percent

NEW DELHI : The indirect tax collection has increased by 35.8 per cent in the first six months of the current fiscal to 3.24 lakh crore rupees, hitting more than 50 per cent of the annual target.

The indirect tax that includes central excise, customs and service tax collection during April-September of the last financial year was Rs. 2.38 lakh crores.

The finance ministry said this is an achievement of 50.6 per cent of the target fixed for the 2015-16 Budget estimate.