Centre On Route To Touch Indirect Tax Mop-Up Target

New Delhi: The Centre''s indirect tax collections have reached Rs 2,21,376 crore upto end-January this fiscal. This represents almost 80 per cent of the Budget estimate of Rs 2,78,013 crore for indirect taxes in 2007-08. Service tax collections up to end-January this fiscal witnessed at Rs 39,559 crore, which is also about 80 per cent of the Budget estimate of Rs 50,200 crore. In April-January 2008, the Centre''s excise duty collections witnessed at Rs 97,559 crore (Budget estimate of Rs 1,29,043 crore) and customs duty collections were Rs 84,258 crore (Budget estimate of Rs 98,770 crore). Meanwhile, in direct taxes, personal income tax collections have reached Rs 93,112 crore during April-February 2008, which is almost 95 per cent of the Budget estimate of Rs 98,774 crore for the current fiscal.