Govt expects gross direct tax mop-up to go past FY25 target
Business Standard|November 14, 2024
Actual tax liability falls 40% for those earning ₹10-20 lakh
ASIT RANJAN MISHRA
Govt expects gross direct tax mop-up to go past FY25 target

Head of the presentation of the FY26 Budget in February, government sources said they not only expect to meet the ₹22 trillion gross direct tax collection target for FY25, but also exceed it given the robust trend so far.

"Gross collections have not come down. It is because of higher refunds that net collections have slowed down. The way the economy is doing and the collections are growing, we are hopeful that we will not only meet the target but also exceed it," the source said.

هذه القصة مأخوذة من طبعة November 14, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 14, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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