KNOWLEDGE IS WEALTH
Monday, April 3, 2017
Tax collection for fiscal 2017 exceeds target by 18% at Rs. 17.1 lakh cr
The NDA Government has exceeded the tax collection estimates for 2016-17 fiscal at Rs 17.10 lakh crore.
The revised estimates (RE) provided in Budget on February 1 had projected tax collections of Rs 16.97 lakh crore.
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The Finance Ministry in a statement said that tax collection of Rs 17.10 lakh crore is a growth of around 18 per cent compared to last year.
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