Monday, July 18, 2022

Tax changes to offset duty cut on fuel; boost tax mop-up by Rs 1.35 lakh crore over budget target: Report

The budget has pegged overall tax collection at Rs 19.35 lakh crore. But given these changes in the customs duties on certain imports and the higher inflation-driven nominal GDP growth will lead to better tax revenue for the government to the tune of an additional Rs 1.35 lakh crore than budgeted for FY23.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/wQMx7BO

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