The goof-up in industrial output numbers and other official data in the recent past have made some government officials hopeful about the prospects for the economy. The index of industrial

Indirect tax collections recorded a modest growth of 10.4 per cent at Rs 33,045 crore in April 2012, against Rs 29,936 crore in the year ago period, as customs’ collections fell by 8.8 per

The government’s net direct tax collections zoomed 644 per cent to Rs 14,812 crore in April, against Rs 1,992 crore in the year-ago period, as refunds fell from Rs 25,099 crore in April 2011