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Government achieves the Tax Revenue Targets for FY 2015-16; Actual collections of Direct 14.60 Lakh Crore as against Revised Target (RE) of 14.55 Lakh crore

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..... Government achieves the Tax Revenue Targets for FY 2015-16; Actual collections of Direct 14.60 Lakh Crore as against Revised Target (RE) of 14.55 Lakh crore
News and Press Release
Dated:- 7-4-2 .....

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..... 016

The aggregate Budget Estimates (BE) for total Direct and Indirect Tax Revenues for FY 2015-16 was ₹ 14.45 Lakh Crore which was revised to ₹ 14.55 Lakh Crore (RE). The actual col .....

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..... lection (provisional) is ₹ 14.60 Lakh Crore. The total collection has exceeded the RE and represents a growth of 17.6% compared to the last financial year. The Indirect Tax revenue (provisional .....

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..... ) collections stand at ₹ 7.11 Lakh Crore and has exceeded the BE and RE by ₹ 65,618 Crore and ₹ 9,885 Crore respectively. This represents a robust growth of 31.1% over revenue receip .....

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..... ts in 2014-15. The Direct Tax revenue collections (prov.) stand at ₹ 7.48 Lakh crore which is only slightly lower than the RE of ₹ 7.52 Lakh Crore. This represents a growth of 7.61% over .....

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..... the receipts in 2014-15.
News - Press release - PIB .....

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