Question
What is India’s direct tax collection target for FY26
as per the latest data?Solution
For FY26, the Government of India has set a direct tax collection target of ₹25.2 trillion. In comparison, for FY25, collections stood at ₹22.26 trillion, surpassing the budget estimates. The increase in target reflects expectations of economic growth, improved tax compliance, and the implementation of technology-driven tax administration.
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