The finance ministry has not lost hope of meeting direct tax revenue targets set for 2019-20, despite goods and services tax (GST) collections not meeting projections in December and the Rs 1.45 trillion hit from the reduction of corporation tax rates.
To meet the target, the department of revenue (DoR) on Friday held a high-level meeting of senior officials of its direct and indirect boards and decided to have weekly updates on the efforts taken up to raise collections. Field officers were asked to make efforts to identify and initiate actions against willful tax evaders or those using fake invoices or