CBDT Targets Rs 26.97 Trillion Direct Tax Collection
06-Jul-2026
The Central Board of Direct Taxes (CBDT) has identified a set of measures to collect Rs 26.97 trillion in direct taxes in the current financial year (FY27), which include better management of recovery of dues, detecting wrongful claims of tax exemptions, and outreach programmes to get tax returns updated where there is short payment of taxes, an official said.
The official said tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.
This strong start has raised hopes that the annual target will be met comfortably.
According to the official, who spoke on condition of anonymity, the Board's Central Action Plan for 2026-2027 lays down clear steps to achieve the goal.
News Source:- https://www.rediff.com/business/report/cbdt-targets-rs-2697-trillion-direct-tax-collection/20260706.htm
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