The Central government's tax collections grew 18% during the financial year 2016-17 to ₹17.10 lakh crore, the Finance Ministry said today. While the direct tax collections grew by 14.2% to ₹8.47 lakh crore, the indirect tax collections stood at ₹8.63 lakh crore. In his Budget for 2017-18, Finance Minister Arun Jaitley had revised the tax target to ₹16.97 lakh crore.
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