By what percentage the net indirect tax collection in 2020 21 has grown over the previous year ........

General Knowledge (judicial) Financial System

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By what percentage, the net indirect tax collection in 2020-21 has grown over the previous year?

10%

12.3%

15%

Explanation:

As per the data released by the Union Finance Ministry, net indirect tax collection in 2020-21 grew 12.3% over the previous financial year.
The total collection stood at Rs.10.71 lakh, thereby exceeding the indirect tax collection target of Rs.9.89 lakh set for the FY 2020-21.