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Revised estimates for direct tax revenues may remain unchanged

By Economic Times - 2 weeks ago
The Indian government is likely to maintain its direct tax collection target of ₹22.07 lakh crore for the current financial year, despite slower-than-expected corporate tax growth. This confidence stems from robust personal income tax collection, projected to exceed estimates by ₹1.3 lakh crore and offset the shortfall in corporate tax revenue.

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