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Briefly Business: ‘Govt achieves indirect tax mop up target in FY’12’

Moderation in growth rate during 2011-12 has not impacted the revenue realisation,with the government achieving 99.6 per cent of indirect tax collection target during the year

Written by Agencies | Published: April 17, 2012 1:08:12 am

‘Govt achieves indirect tax mop up target in FY’12’

New Delhi: Moderation in growth rate during 2011-12 has not impacted the revenue realisation,with the government achieving 99.6 per cent of indirect tax collection target during the year,a finance ministry official said. “We have achieved 99.6 per cent of budgeted estimates of indirect tax collection target of last fiscal,” said a senior official of the revenue department.

PM calls meeting to discuss Pawar’s objection on export

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CMIE maintains its forecast of 7.6% growth this fiscal

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