The November Data for Indirect Taxes remains encouraging...Customs collections a INR 1 Tln, Excise competing at 944 bln and Service taxes growing 16% on October to INR 580 bln for the period till November 2011  However with Exports at $22.3 bln for them onth the deficit of nearly $140 bln in trade would hardly be compensatred or in this case the growing fisc would jhardly be bridged completely to a 5%  Fisc leaving at least a 1% over run on the Fisc

Posted via email from The India Investment Post