More trouble for economy, direct tax collection in negative zone: Report2 min read . Updated: 22 Jan 2020, 09:25 AM IST
- According to sources, direct tax collections stood at ₹7.26 lakh crore in the April-January 15 period of FY20
- It is after a long gap that the tax collection is actually lower than the numbers given in the previous year
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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