Direct tax mop-up at 80% of FY24 RE
Business Standard|February 12, 2024
Direct tax collections grew 20.25 per cent till February 10 of the current financial year (FY24), which is more than the 17.24 per cent pegged in the revised estimates (RE) for the entire year.
constituted

At ₹15.60 trillion, the direct tax receipts till Saturday constituted 80.23 percent. of ₹19.45 trillion projected in the RE for FY24, shows the finance ministry data.

The government needs to collect 3.85 trillion in almost 50 days to meet the target set in RE for the year.

This story is from the February 12, 2024 edition of Business Standard.

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This story is from the February 12, 2024 edition of Business Standard.

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