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Indirect tax revenue surges 37% to Rs 2.1 lakh crore in Apr-Jul

Last Updated: Tuesday, August 11, 2015, 16:01

Indirect tax revenue jumped over 37 percent to over Rs 2.1 lakh crore during April-July period of current fiscal, on the back of higher excise collections.

Indirect tax collections pace up, grow 37.5% in April-June

Last Updated: Saturday, July 11, 2015, 10:58

IIP data showed that the growth in factory output in the first two months of the fiscal was 3 percent as against 4.6 percent in April-May of 2014-15.

Spurt in indirect taxes indicates economic recovery: CEA

Last Updated: Thursday, June 11, 2015, 20:04

The Finance Ministry Thursday said the spurt in indirect tax collections this fiscal was an indication of economic recovery though there was some need for caution as these were only early indications.

Indirect tax collections up 46.2% in April

Last Updated: Tuesday, May 12, 2015, 20:31

Led by over two-fold surge in excise duty collections, indirect tax revenue jumped 46.2 percent to Rs 47,747 crore in April this year compared to the same month last year.

E-commerce covered under Consumer Protection Act

Last Updated: Tuesday, December 2, 2014, 16:28

E-commerce is covered under the Consumer Protection Act and the central government is not facing any loss in indirect tax revenue due to expansion of online retail business, Parliament was informed on Tuesday.

Rs 63,000 cr unrealised tax revenue: CAG calls for close review

Last Updated: Wednesday, September 11, 2013, 17:49

The Centre has been unable to collect more than Rs 63,000 crore in indirect tax revenue in 2011-12 which were pending due to injunction or appeal among other reasons under a head called 'call book'.

Rs 1.27 lakh crore indirect tax revenue stuck in litigations

Last Updated: Sunday, September 8, 2013, 15:27

Of the total of Rs 1,27,897.39 crore pending demand, Rs 73,274.74 crore was for service tax and Rs 54,172.65 crore for excise duty, it said.