Achieved indirect tax target for 2015-16: Govt
The government has surpassed its revised indirect tax collection estimate of ₹7.04 lakh crore for 2015-16 and has collected ₹7.09 lakh crore as per provisional estimates, Central Board of Excise and Customs (CBEC) Chairman Najib Shah said. This follows Finance Ministry's announcement that the fiscal deficit target of 3.9% of GDP and the disinvestment target for FY16 have been met.