Direct tax collection

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Report / Government may face a decline in direct tax collection for the first time in two decades

The Modi government was expecting a direct tax collection of Rs 13.5 lakh crore by March 31, 2020, a 17% increase over the previous financial year.
At present, there is a lot of pressure on companies to cut investment and jobs, due to which the government will be able to achieve a growth of only 5% this time.

Mumbai. News agency Reuters on Friday released the report quoting sources about

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