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Budget 2021 | Government targets gross tax revenue of Rs 22.17 lakh crore in FY22
The Centre s net tax revenue for FY22 has been pegged at Rs 15.45 lakh crore. Corporate tax collection for FY22 has been pegged at Rs 5.47 lakh crore, personal income tax at Rs 5.61 lakh crore and revenue from Goods and Services Tax (GST) at Rs 6.3 lakh crore.
February 01, 2021 / 05:27 PM IST
We propose to divest two PSU banks and one general insurance company in FY22. Further, divestments of BPCL, CONCOR, Pawan Hans, and Air India will be completed in FY22. FY22 Divestment target is at Rs 1.75 lakh crore. We will create new list of companies for divestment. The government will form a special purpose vehicle (SPV) for monetising land owned by state-owned PSUs and will set up separate administrative structure for co-operatives. ....

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