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Despite a shortfall of Rs 1 trillion in the expected central goods and services tax (CGST) collection in 2018-19 (FY19), the Centre is aiming for an ambitious 18 per cent growth in the overall GST mop-up in 2019-20 (FY20).
The government is eyeing similar growth in income tax, corporation tax and customs revenue in FY20. Overall tax revenue growth is pegged at 14 per cent.
This is in contrast with how well the government was able to meet its Budget Estimates in the current
