Indirect tax increased 42.3% y/y in April-November.

By bne IntelliNews December 17, 2010
India's indirect tax increased 42.3% y/y and reached INR 2.08trn during the first eight months of the current financial year. As reported by NewsWire18 MoneyWire, the government stated that 66.3% of the INR 3.135trn indirect tax collection targeted for the April-March period of 2010-11 has been achieved. Custom collections grew 67% to INR 868.44bn, while excise collection grew by 34.4% to INR 819.84bn and service tax collection in increased 18.2% to INR 389.27bn during the period.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss