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Net Direct Tax Collection Dipped 31% In April-August 2020, Parliament Told

Between April and August, Centre’s GST collection stood at over Rs 1.81 lakh crore, Junior Finance Minister Anurag Thakur says.

Anurag Thakur, union minister of state for finance and corporate affairs.
Anurag Thakur, union minister of state for finance and corporate affairs.

The government's net direct tax collection fell 31% year-on-year to Rs 1.92 lakh crore and net indirect tax collection declined 11% to Rs 3.42 lakh crore in April-August 2020, the parliament was informed on Saturday.

In a written reply to the Lok Sabha, Minister of State for Finance Anurag Singh Thakur said net direct tax collection was Rs 2,79,711 crore in April-August 2019, compared to Rs 1,92,718 crore in April-August 2020. The net indirect tax collection in April-August 2019 was Rs 3,85,949 crore, as against Rs 3,42,591 crore in April-August 2020.

During April-August, Centre’s GST collection stood at over Rs 1.81 lakh crore.

The Union Budget for 2020-21 had estimated Centre's GST collection for full fiscal at Rs 6,90,500 crore. In 2019-20, the Centre's actual GST revenue stood at Rs 5,98,825 crore, against the revised estimate of Rs 6,12,327 crore.