Indirect Taxes Collections Exceeds Revised Estimates

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Indirect Taxes Collections for the Financial Year (FY) 2014-15 exceeded the revised estimates target by Rs. 4,000 Crore.

Total Collections as on 31.03.2015 Is Rs.5,46,479 Crore (Based on Provisional Report) as against the target of Rs.5,42 ,325 Crore for 2014-15.

Indirect Taxes Collections Exceeds Revised Estimates

The Indirect Taxes collections for the Financial Year (FY) 2014-15 has exceeded the revised estimates  target of FY 2014-15 by Rs. 4,000 crore.

The total collections as on 31.03.2015 is Rs.5,46,479 crore based on the provisional report as against the revised estimates target of Rs. 5,42,325 crore for the FY 2014-15.

The provisional collections during the Financial Year 2014-15 increased by 9.9% as against the actual collections during the Financial Year 2013-14, which was Rs. 4,97,061 crore.

Goodreturns.in

Read more about: indirect taxes
Story first published: Thursday, April 2, 2015, 14:40 [IST]
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