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Coercive actions, economic revival team up to lift tax mop-up - Vimarsana News

Coercive actions, economic revival team up to lift tax mop-up

Coercive actions, economic revival team up to lift tax mop-up ​ By IANS | ​ 2 Views Tax.. Image Source: IANS News New Delhi, April 9 : In a paradox of sorts, tax collections have significantly improved in the past few months despite the ongoing Covid-19 pandemic and its impact on the economy. Experts said the reasons for the surging tax collections have been a combination of improving economic activities and coercive actions by the authorities. In an ideal situation, tax collection should be in tandem with the GDP growth rate, but currently tax mop-up has been growing at a much faster p...