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    Home»Featured»Net direct tax collection dips 31 pc in Apr-Aug
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    Net direct tax collection dips 31 pc in Apr-Aug

    Finance KhabarBy Finance KhabarSeptember 19, 2020No Comments1 Min Read
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    New Delhi: In a written reply to the Lok Sabha, Minister of State for Finance Anurag Singh Thakur said net direct tax collection was Rs 2,79,711 crore in April-August 2019, compared to Rs 1,92,718 crore in April-August 2020. The net indirect tax collection in April-August 2019 was Rs 3,85,949 crore, as against Rs 3,42,591 crore in April-August 2020.

    During April-August, the Centre’s Goods and Services Tax (GST) collection stood at over Rs 1.81 lakh crore. The Budget had estimated Centre’s GST collection for full fiscal at Rs 6,90,500 crore. In 2019-20, the Centre’s actual GST revenue stood at Rs 5,98,825 crore, against the revised estimate of Rs 6,12,327 crore.

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