Diabytes
Direct tax mop-up News
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The shortfall in direct tax mop-up coupled with lower GST realisation may have implications on fiscal deficit, which the government has pegged at 3.4 percent of the GDP.
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Net direct tax collections during the April-August period has grown 15.03 percent to Rs 1.89 lakh crore, led by robust collections in personal income tax.
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Government's direct tax mop-up is set to miss the revised target for the 2014-15 fiscal as the collection so far has been only about Rs 6,30,000 crore, an I-T department official said.
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