Indirect Tax Revenue (Provisional) collections during April-June 2015 increased from 1,12,094 crore to 1,53,980 registering an increase of 37.4 % over the corresponding period ( April-June 2014) in the last financial year. In June 2015, Indirect tax collections increased by 33.3% compared with June 2014. https://www.taxtmi.com/news?id=14694 Provisional indirect tax collections for April-June 2015 rose 37.4% year on year and June collections rose 33.3%, with growth concentrated in customs, central excise and service tax. Part of the increase reflected specific fiscal measures (excise rises on diesel and petrol, higher clean energy cess, withdrawal of certain exemptions, and increased service tax rate). Excluding these measures, indirect tax growth was 10.8% for June and 14.5% for the quarter, indicating an underlying rise in collections consistent with improving nominal GDP and a broadened tax base. en-us Sat, 11 Jul 2015 12:29:10 +0530 Sat, 11 Jul 2015 12:50:00 +0530 TaxTMI RSS Generator Indirect Tax Revenue (Provisional) collections during April-June 2015 increased from 1,12,094 crore to 1,53,980 registering an increase of 37.4 % over the corresponding period ( April-June 2014) in the last financial year. In June 2015, Indirect tax collections increased by 33.3% compared with June 2014. https://www.taxtmi.com/news?id=14694 Provisional indirect tax collections for April-June 2015 rose 37.4% year on year and June collections rose 33.3%, with growth concentrated in customs, central excise and service tax. Part of the increase reflected specific fiscal measures (excise rises on diesel and petrol, higher clean energy cess, withdrawal of certain exemptions, and increased service tax rate). Excluding these measures, indirect tax growth was 10.8% for June and 14.5% for the quarter, indicating an underlying rise in collections consistent with improving nominal GDP and a broadened tax base. News - Sat, 11 Jul 2015 12:29:10 +0530 https://www.taxtmi.com/news?id=14694