Direct tax mop up at 5.54L cr, indirect at Rs 5.69L cr: Govt

Government has collected Rs 5,54,179 crore from direct tax as on February 29 and Rs 5,69,056 crore from indirect tax as on January 31 this fiscal, Parliament was informed today.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Masteryourmoney Earnings
moneycontrol.com

Home » News » Economy

Mar 11, 2016, 06.43 PM | Source: PTI

Direct tax mop up at 5.54L cr, indirect at Rs 5.69L cr: Govt

Government has collected Rs 5,54,179 crore from direct tax as on February 29 and Rs 5,69,056 crore from indirect tax as on January 31 this fiscal, Parliament was informed today.

Like this story, share it with millions of investors on M3

Direct tax mop up at 5.54L cr, indirect at Rs 5.69L cr: Govt

Government has collected Rs 5,54,179 crore from direct tax as on February 29 and Rs 5,69,056 crore from indirect tax as on January 31 this fiscal, Parliament was informed today.

Post Your Comments

Share Cancel

Direct tax mop up at 5.54L cr, indirect at Rs 5.69L cr: Govt
Government has collected Rs 5,54,179 crore from direct tax as on February 29 and Rs 5,69,056 crore from indirect tax as on January 31 this fiscal, Parliament was informed today.

According to revised estimate, Rs 7.52 lakh crore was estimated to come from direct taxes (corporate, and income tax) and another Rs 7.03 lakh crore from indirect taxes (customs, excise and service tax), Minister of State for Finance Jayant Sinha said in a written reply to Lok Sabha.

Replying to a separate query, Sinha said in 2015-16 (up to January 31, 2016), foreign currency worth Rs 2,392 crore were seized and 40 persons were arrested.

In addition, goods worth Rs 1,793 crore were smuggled in India, he said.

The government has sensitised the customs field formations to keep constant vigil on attempt of smuggling of goods.

In another reply, the Minister said in 2015-16 (till March 4, 2016 ), 1,091 complaints relating to customer services and grievances mechanism were received against Standard Chartered Bank, 629 against Citibank N A, and 259 against HSBC.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Direct tax mop up at 5.54L cr, indirect at Rs 5.69L cr: Govt

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login