CBDT to cut Direct Tax target by Rs 1 Lakh Cr
  • WebDesk BTVI
  • May 29 2019

While the FY20 interim budget direct tax target was set at Rs 13.8 lakh crore, the officials have confirmed that the target is too high since the economy isn't growing at the rate it should be. They also cited exemptions by the government as reasons for the revision.