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Business Standard

Tax mop-up from metros sees double-digit decline; Kolkata worst-hit city

Numbers pose challenges to Centre's Rs 13.2-trn target

Topics
direct tax collections | Tax collections | metro cities

Shrimi Choudhary  |  New Delhi 

tax, taxes
Other tier-1 cities such as Hyderabad, Pune, Chandigarh, and Ahmedabad also saw a massive drop of 30-45 per cent in tax receipts till August 20 this year.

Direct tax collections are likely to remain muted in the second consecutive quarter of the current fiscal year with most top Indian cities witnessing double-digit contraction in receipts till August 20.

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Read our full coverage on direct tax collections

First Published: Mon, August 24 2020. 06:05 IST

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