Profit

Tax collections may exceed targets

PUBLISHED ON: September 27, 2006

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After two years of flip-flop on income tax collections, this year the finance minister might finally be able to not just meet but exceed his budget targets. For a change, it's not small change but big money that is flowing into the government's coffers, and that's good news for Finance Minister P Chidambaram, who has been borrowing heavily to fund his spending programme.
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