India Bole: Both direct and indirect tax collections have shown robust increase during April-December period Arun Jaitley

Dismissing concerns of slowdown due to demonetisation, Finance Minister Arun Jaitley on Monday said both direct and indirect tax collections have shown robust increase during the April-December period, indicating uptick in economic activity including manufacturing. He said direct tax collection was up 12.01 per cent at Rs 5.53 lakh crore in April-December 2016 as compared to revenue in the year-ago period, while indirect tax receipts soared 25 per cent to Rs 6.30 lakh crore.