India on target to collect $67 bln direct taxes | delhi | Hindustan Times
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India on target to collect $67 bln direct taxes

delhi Updated: Mar 17, 2009 17:39 IST
Manoj Kumar
Manoj Kumar
Reuters
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India is confident of meeting its revised direct tax collection target of 3.45 trillion rupees ($67 billion) for the current fiscal year that ends on March 31, a finance ministry official said on Tuesday.

"We are confident of meeting the target for 2008/09," the official, who declined to be named, told reporters.

The official said direct tax receipts between April 1, 2008 and March 16 rose 18 per cent from a year ago to 2.96 trillion rupees.

($1 = 51.4 rupees)

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