Govt reworking its strategy to enhance direct tax mop-up: CBDT member

The government is reworking its strategy to boost revenue collection from direct taxes which has been lagging behind so far, a senior CBDT official said on Thursday.

The government has set a direct tax collection target of Rs 13.35 trillion for the current fiscal, which includes Rs 7.66 trillion from corporate tax and Rs 5.69 trillion as income tax.

"Growth in direct tax collection has been less than expected. The Central Board of Direct Taxes will look into this and rework its strategy," Central Board of Direct Taxes (CBDT) Member Akhilesh Ranjan said on the sidelines of an Assocham event.

Ranjan, who is