https://www.taxtmi.com/news?id=17794 Total tax receipts for fiscal 2016-17 provisionally exceeded the Revised Estimates, with combined direct and indirect tax collections marginally above target. Net direct collections met the revised target and showed strong year-on-year growth in PIT and CIT gross collections, while refunds reduced net growth differentially by head. Indirect taxes-Central Excise, Service Tax and Customs-also surpassed revised estimates, with Central Excise and Service Tax posting higher growth and Customs moderate growth, yielding indirect taxes slightly above the revised estimate. en-us Tue, 04 Apr 2017 12:12:00 +0530 Tue, 04 Apr 2017 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17794 Total tax receipts for fiscal 2016-17 provisionally exceeded the Revised Estimates, with combined direct and indirect tax collections marginally above target. Net direct collections met the revised target and showed strong year-on-year growth in PIT and CIT gross collections, while refunds reduced net growth differentially by head. Indirect taxes-Central Excise, Service Tax and Customs-also surpassed revised estimates, with Central Excise and Service Tax posting higher growth and Customs moderate growth, yielding indirect taxes slightly above the revised estimate. News - Tue, 04 Apr 2017 12:12:00 +0530 https://www.taxtmi.com/news?id=17794