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Impact of market turmoil on India, transient says Jaitley


Impact of market turmoil on India, transient says Jaitley

New Delhi, Aug 24 (ANI): While addressing a two day annual conference of the Chief Commissioners and Director Generals of Central Board of Excise and Customs, Union Finance Minister Arun Jaitley, said that the prolonged global market turmoil followed by market crash today, was only a transient impact on the Indian economy. Jaitley also said global economy affects India's economy is a resultant of the fact of global markets integration.

He also informed that revenue targets fixed for this year are very realistic. He further addressed the tax collectors and made them aware that their role as tax collectors is going to be exceedingly important in the near future.

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