April-Nov tax receipts up 5.5% Finance Min sources
December, 03rd 2009
India's direct tax receipts for April-November have grown by 5.5% and stood at Rs 1.87 trillion, compared with about 1.77 trillion rupees in the same period last year, a finance ministry official said.
The figures are provisional.
If the present trend continues, the government hopes to meet the budget estimate of Rs 3.7 trillion by March end and the trend was expected to pick up from the third quarter, the official who did not want to be named said.