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Bengaluru bucks trend despite Covid-19, sees direct tax mop-up growth

With technology companies largely unaffected by the Covid-19 lockdown, Bengaluru has posted a 7 per cent increase in direct tax mop-up

Topics
Bengaluru | IT companies | direct tax collections

Dilasha Seth  |  New Delhi 



tax, taxes
Kochi posted a 47 per cent decline in collections, followed by Ahmedabad (-46 per cent), Chennai (-43 per cent), Delhi (-38 per cent) and Hyderabad (-32 per cent). Mumbai witnessed a drop of 20 per cent

In the run-up to the deadline for paying advance tax, India’s Silicon Valley has emerged as the lone bright spot in the direct tax collection trend.

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First Published: Sat, September 05 2020. 00:48 IST

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