Tax collection misses target by a wide margin; inches up 4.7% in April-September

MUMBAI: As against a steep 17.5 percent higher tax collection budgeted for the full year, the government could mop-up only 4.7 percent more so far this year, with the direct tax kitty growing to Rs 5.50 lakh crore as of September 17, up from Rs 5.25 lakh crore a year-ago. The lower mop-up reflects the … Read moreTax collection misses target by a wide margin; inches up 4.7% in April-September

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