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Economy

Tax collection misses target by a wide margin in April-September period

Updated : September 19, 2019 07:26 AM IST

Of the Rs 5.50 lakh crore tax collections, advance tax rose a tepid 7.3 percent to Rs 2.20 lakh crore from Rs 2.05 crore.
Fiscal deficit crossed 77 percent of the annual target in July at Rs 5,47,605 crore, against a target of Rs 7,03,760 crore for the full year.
Tax collection misses target by a wide margin in April-September period

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