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Why govt may have to lower its FY20 tax revenue target a second time

For this financial year, the Budget has already slashed the net tax revenue figures by Rs 1.45 trillion in RE to Rs 15.04 trillion, down from Rs 16.49 trillion given in the BE in July 2019

Topics
Budget 2020 | Tax Revenue

A K Bhattacharya 

Tax, Tax revenue,
Tax, Tax revenue,

The Union Budget for 2020-21 has been criticised for presenting numbers that are not realistic. How justified are these charges? Are there any early warning signals from the government’s official figures to suggest that the government may not achieve those revenue targets?

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First Published: Wed, February 05 2020. 22:53 IST
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