In its annual budget, the government set a tax collection target of 33.61 trillion for FY24, which is about 10% higher than the net tax collections in FY23.
The report titled 'Fiscal Position and Borrowing Update October 2023' said it anticipated a moderation in direct tax growth in October due to an uptick in tax refunds. However, robust tax collections are set to alleviate concerns regarding revenue falling short of budget estimates.
Bu hikaye Mint Mumbai dergisinin October 04, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin October 04, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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