Money Chart Pre-budget News Direct tax collections up 27.7 per cent.
Centre seeks list of pharma products for budgetary sops .
Budget will spur growth, says Sinha . Direct tax collections up 27.7 per cent. Though total tax collections continued to show buoyancy, indirect tax side, however, continued to be a lag on receipts. Total tax collections rose 13.54 per cent during the first 10 months of the current fiscal and stood at Rs 1,42,310.5 crore against Rs 1,25,336.87 crore during April-January, 1999. Indirect tax collections in the April-January period stood at Rs 95143.33 crore compared to Rs 88390.05 crore in the period last year, registering gains of only 7.64 per cent.