Letter to BS: Govt must strike balance between savings and expenditure

This refers to “No end to the govt’s tax worries” (September 11). The article deals with various factors concerning the challenges of collecting tax revenue. Various data furnished by the author show declining tax revenue over the last two years after the implementation of goods and services tax (GST). The present huge target of tax revenue projected by the author in 2019-20 with 18 per cent growth rate is definitely a herculean task for the government considering the slow rate of tax collections. The huge shortage in GST collection last year has widened the fiscal deficit. Hence, the target for