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Indirect tax collections may fall short of the target in FY19: FinSec

Finance secretary Subhash Garg on March 14 said the government may fall short of indirect tax collections target this financial year. However, the government is confident of meeting the direct tax collections. As per revised estimates, the government had pegged indirect tax collections at Rs 1.3 lakh crore and direct tax collections at Rs 12 lakh crore. He said the government should also be able to meet its 3.4% fiscal deficit target.

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