India’s finance minister Arun Jaitley on Wednesday said he expected the country to exceed the upwardly revised tax collection target of 17 trillion rupees ($260 billion) in the 2016/17 fiscal year that ends on March 31.
Net tax receipts in the first 10 months of 2016/17 fiscal year were 8.16 trillion rupees, government data showed last month.
The federal government’s tax receipts usually rise in the last two months of the fiscal year.
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