💨 Abstract

The CBDT has directed income-tax officials to closely monitor top advance tax payers and identify bogus exemptions/deductions to improve direct tax collections during the current financial year. The Union government set a direct tax collection target of Rs 25.20 lakh crore for the current fiscal, with Rs 10.82 lakh crore under corporate tax, Rs 13.60

Courtesy: theprint.in

Summarized by Einstein Beta 🤖