If GDP growth is down, GST mop-up will be hit: Ajay Bhushan Pandey

In September, the collection was a little lower, as we are aware that a few sectors of the economy are posting lower growth, says Ajay Bhushan Pandey

Amid expectations that personal income-tax (I-T) rates would be cut soon, revenue secretary Ajay Bhushan Pandey tells Dilasha Seth and Indivjal Dhasmana that these decisions are usually taken at the time of the Budget. Edited excerpts:

After the corporation tax rate cut, there is expectation of a personal income tax cut. Is it expected any time soon?

Usually, any tax rate decisions are taken at the time of the Budget. At the time of Budget preparation, an exercise is conducted where we look at revenue position of last year and requirements of the next year and the decision is taken. We also