At this pace, the mop-up is likely to be around Rs 19 lakh crore in the fiscal ending on March 31, 2024, exceeding the estimate of Rs 18.23 lakh crore in the 2023-24 Budget.
Tax collection on course to grow three times to over Rs 19 lakh crore in 10 years of Modi govt orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Direct tax collection on course to grow 3 times nagalandpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nagalandpost.com Daily Mail and Mail on Sunday newspapers.
Interim Budget: Direct tax collections, comprising personal income tax and corporate tax, are expected to surpass Rs 19 lakh crore in the current fiscal year, providing room for people-friendly tax measures. The collections have grown by 20%, and at this pace, the mop-up is likely to be around Rs 19 lakh crore, exceeding the estimate in the 2023-24 Budget.