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Govt exceeds FY17 tax collection target at Rs 17.10 lakh cr

Govt exceeds FY17 tax collection target at Rs 17.10 lakh cr

Tuesday, April 4, 2017, 6:28 PM

The 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. The Finance Ministry in a statement said that tax collection of Rs 17.10 lakh crore is a growth of around 18% compared to last year.
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