Till Dec 19, direct tax mop-up has risen 14.4%: Jaitley

Excessive use of paper currency a detriment to society: FM
Excessive use of paper currency a detriment to society: FM

NEW DELHI : Till Dec 19, direct tax mop-up has risen 14.4%, indirect tax grows 26.2%; central excise up 43.3% and Customs rose 6% says FM.
Rabi sowing rises 6.3 per cent over last year, says Jaitley.
Life insurance business up, petroleum consumption increased and so are tourism and investments in mutual funds said FM.
Critical part of remonetisation is now behind us, it will be much better, going forward said Jaitley.
Critics proved wrong. There could have been adverse impact of demonetisatin on GDP for quarter or so, but it is not as bad as predicted says FM. (Agencies)