Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Indirect tax revenues surged 36.8% in October 2015; April-October collections up 35.9% due to policy changes.</h1> Indirect tax revenue collections in October 2015 rose by 36.8% compared to October 2014, with cumulative collections from April to October 2015 increasing by 35.9% over the previous year. The total revenue for April-October 2015 reached Rs. 3,82,860 crore, up from Rs. 2,81,798 crore in the same period in 2014. Central Excise collections grew by 68.6%, Service Tax by 26.1%, and Customs by 16.8%. These increases were partly due to government measures like excise hikes on diesel and petrol, increased Service Tax rates, and withdrawal of certain exemptions. Excluding these measures, the growth was 11.6%.