Subject: Economy Context: The gross direct tax collection in 2019-20 fiscal dipped 4.92 per cent to Rs 12.33 lakh crore on account of reduction in corporate tax rate, increased standard deduction and personal I-T exemption limit, the Income Tax department. The gross collections would have clocked 8 per cent growth to Rs 14.01 lakh crore […]

Table Of Contents Direct Tax Buoyancy, Revenue Foregone, Tax Base Mission Sagar Persian Gulf and GCC Environment Performance Index Assam Gas Leak 1. Direct Tax Buoyancy, Revenue Foregone, Tax Base Subject: Economy Context: The gross direct tax collection in 2019-20 fiscal dipped 4.92 per cent to Rs 12.33 lakh crore on account of reduction in […]