<h1>India's Indirect Tax Revenue Surges 37.4% in Q1 2015 Due to Excise Hikes and Service Tax Increase.</h1> Indirect tax revenue collections in India for April-June 2015 rose by 37.4% to Rs. 1,53,980 crore compared to the same period in 2014. In June 2015 alone, collections increased by 33.3% over June 2014. This growth was observed across customs, central excise, and service tax categories. Contributing factors included excise hikes on diesel and petrol, increased clean energy cess, and service tax rate increases from 12.36% to 14%. Excluding these additional measures, underlying tax collections grew by 14.5% for the quarter, indicating improving economic momentum and increased nominal GDP growth.