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    Question

    What is India’s direct tax collection target for FY26

    as per the latest data?
    A ₹23.5 trillion Correct Answer Incorrect Answer
    B ₹24.8 trillion Correct Answer Incorrect Answer
    C ₹25.2 trillion Correct Answer Incorrect Answer
    D ₹22.26 trillion Correct Answer Incorrect Answer
    E ₹26.1 trillion Correct Answer Incorrect Answer

    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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