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Business & Economics

India's gross direct tax collection may fall short of revised estimate, officials say

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Summary
Nutrition label

74% Informative

Income tax, GST Mop-Up likely to offset shortfall due to lower excise duty collections and disinvestment.

Government's gross tax collection was raised steeply by over 10% to Rs 30.4 lakh crore for FY23 at the Union Budget 2023.

As of Saturday, direct tax estimate had reached 83% of the target with 20 days left.

VR Score

87

Informative language

99

Neutral language

68

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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