Saturday, March 10, 2007
Indirect Tax Increases By 22 pc In April-Jan
Indirect tax collections raised by 22.2% to Rs 1,90,424 crore during April-January 2006-07, as compared to Rs 1,55,859 crore during the corresponding period of the last fiscal. Customs and excise collections raised by 16.8% to Rs 1,79,265 crore till February this fiscal, as against Rs 1,53,463 crore in the same period last fiscal. Service tax collections increased 64.4% till January 2007 to Rs 28,877 crore, as compared to Rs 17,563 crore in the same period last fiscal. Service tax collections increased by 62.1% to Rs 3,203 crore in January 2007.
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