Indirect tax revenue increased by 45% y/y in April-Aug.

By bne IntelliNews September 16, 2010
India's indirect tax collections increased by 45% y/y during the period of April- August during this year, increasing optimism among policymakers of the economy achieving 8.5% growth in the current fiscal year. As reported by Reuters News, according to the finance ministry, the total indirect tax collection stood at INR 1.24trn during the period.

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