More trouble for economy, direct tax collection in negative zone: Report2 min read . Updated: 21 Jan 2020, 09:15 PM IST
- The direct tax collection in the current fiscal up to 15 Jan has fallen by 6.1% compared with the corresponding period of previous year, the report said
- The direct tax collections stood at ₹7.26 tn in the Apr-15 Jan period of FY20 as compared to ₹7.73 tn in the same period of the previous year, said the report
NEW DELHI : The bad run for the Indian economy continues with the latest victim being the government's direct tax kitty, where collections have now entered the negative zone for the very first time.
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