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GST collection in two months reached anticipated figures: Arun Jaitley

Direct tax collections were up by 15.7% over the previous year's figures, said Jailtey

Press Trust of India  |  New Delhi 

Arun Jailtey, Bibek Debroy
Finance Minister Arun Jailtey (right) and Bibek Debroy (left) releasing the book- "India @70 MODI @3.5- Capturing India's Transforming Under Narendra Modi" in New Delhi. (Photo: Dalip Kumar)

The Union Finance Minister Arun Jaitley on Thursday said that collection in first two months reached anticipated figures and revenue would probably move up in next few months.
 
Jaitley was speaking at the release of the book titled “India @70 MODI @3.5 - Capturing India's Transforming Under Narendra Modi” in New Delhi.

 
The book has been authored by Niti Aayog member Bibek Debroy and Ashok Malik, who is a distinguished senior analyst associated with the New Delhi-based think-tank- the Observer Research Foundation.

Speaking at the Nehru Memorial Museum and Library auditorium, Jaitley said the PSU capex for the current financial year is Rs 3 lakh crore.
 
The Finance Minister also spoke about foreign direct investment (FDI), saying that deposits continue to be largest ever.
 
Direct tax collections were up by 15.7 per cent over the previous year’s figures, he added.

Speaking on fellow leader Yashwant Sinha’s recent criticism of the Narendra Modi-led government over decisions causing distress to the Indian economy, Jaitley quipped by saying: “I don't have the luxury of being former finance minister.”

First Published: Thu, September 28 2017. 20:40 IST
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