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Centre aims for an ambitious 18% growth in overall GST mop-up in FY20

For FY20, the Centre has increased the direct tax collection target by 15 per cent to Rs 13.8 trillion

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Shrimi Choudhary Abhishek Waghmare New Delhi

Last Updated : Feb 02 2019 | 2:50 AM IST

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.

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This is in contrast with how well the government was able to meet its Budget Estimates in the current

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