Centre hopes to collect nearly Rs 3.02 lakh cr from cesses, surcharges in FY19

The government is likely to garner nearly Rs 3.02 lakh crore in cesses and surcharges in FY19, translating to an 8.5-percent jump over estimated FY18 collection of Rs 2.78 lakh crore, reported  Business Standard.  It is a staggering sum in light of the fact that the amount equals the Centre's entire capital expenditure for FY19 pegged at Rs 3 trillion. Cesses are taxe…