Govt banking on advance tax collection to meet direct tax target of Rs 12 lakh cr

Govt banking on advance tax collection to meet direct tax target of Rs 12 lakh cr

NEW DELHI: With fiscal math under pressure due to lower buoyancy in tax collection, the government is eyeing advance tax payment to meet the revised Budget target of Rs 12 lakh crore for the current fiscal. The government had earlier estimated Rs 11.5 lakh crore mop-up from direct tax collection.

Read more at 
The Economic Times

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