You are here: Home » Economy & Policy » News
Business Standard

Taxmen threaten to stall work in protest if working conditions don't change

Corporation and income tax collection for the current year is likely to fall for the first time in at least two decades

Topics
Income Tax department | Tax collection | Income tax

Reuters  |  Mumbai 

Indian tax officials on Wednesday threatened to cut their workloads in protest over working conditions, a move that could dent New Delhi's tax collection just as the government scrambles to fill coffers before the fiscal year ends on March 31. Prime Minister Narendra Modi's government is pushing to shore up revenue as India's once-booming economy grows at roughly 11-year lows. Corporation and income tax collection for the current year is likely to fall for the first time in at least two decades, several senior tax officials have told Reuters. In a statement on ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, March 05 2020. 08:35 IST
RECOMMENDED FOR YOU