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Economy

Direct tax collections slip 13% on YoY basis at Rs 5.87 lakh crore

Updated : December 17, 2020 04:33:42 IST

The net direct tax collections – even after receiving the third installment of advance tax collections – look very dismal, according to sources. The net direct tax collection between April until December 17 are down by 13 percent at Rs 5.87 lakh crore.

Last year, during the same period the collection was around Rs 6.80 lakh crore.

CNBC-TV18’s Timsy Jaipuria has more details.

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