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Article: New Delhi, Oct 7 (PTI) With economy showing a buoyant growth in the initial months of this year, Centre's tax collections grew by 21 per cent at over Rs 1,45,000 crore in first half of 2005-06.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- October 7, 2005
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While direct taxes were up by 28 per cent at Rs 58,052 crore, indirect taxes increased by over 17 per cent at Rs 87,221 crore, a Finance Ministry official told PTI here today.
Finance Minister P Chidambaram said last week that gross revenue collections inclusive of all taxes were on target during the first half.
Except excise duties, all other taxes showed double digit growth during April-September.
Though factory production was up by over 9 per cent in the initial months, excise collections were up by 8.3 per cent at 47,855 crore in the first six months of 2005-06 from Rs 44,173 crore in the same period last fiscal.
With a buoyant ...