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videos | IST

Government's corporate tax mop-up rises 129% in Q1FY22

The Central government's net tax collection in the April-May-June quarter is three times what it was in the corresponding quarter last year.

The Central government's net tax collection in the April-May-June quarter is three times what it was in the corresponding quarter last year.
A look at tax collections
Corporate taxes stand out with the mop-up rising 129 percent. As a result, the fiscal deficit in the June quarter stands at a modest Rs 2.74 lakh crore or just 18 percent of the FY22 estimate.
Latha Venkatesh gets the key highlights from the data.
Watch the video for more.