âš¡Govt Collects Rs 1.01 Lakh Crore from Excise Duty, Rs 2.41 Lakh Crore from Income Tax in Q1
By PTI
In 2020-21, the mop-up from Customs duty and excise was Rs 1.34 lakh crore and over Rs 3.89 lakh crore. The government last year hiked excise duty on petrol and diesel which led to an increase in excise collections.