Revenue department exceeds revised Tax collection target of 2016-17



Revenue Department exceeds Revised Tax Collections target for 2016-17 around 18% taken together in case of Direct and Indirect Taxes; Provisional figure of Total Tax Collections in 2016-17 is Rs. 17.10 Lakh Crore as against the Revised Target of Rs. 16.97 Lakh Crore.; Direct Tax collections up to March, 2017 stood atRs. 8.47 Lakh Crore which is 14.2% more than the Net Collections for the corresponding period last year; Indirect tax collections (Central Excise, Service Tax and Customs) in FY 2
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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