The Economic Times

India's 'achievable' FY27 direct tax target faces a make-or-break second half

India's budgeted direct tax collection target for this fiscal year is Rs 26.97 lakh crore. Current collections are at approximately 53 percent of this target as of November 10. Experts flag the need for a rise in corporate tax and advance tax collections in upcoming months. Non-corporate tax collections have shown slower growth compared to corporate tax collections during the same period.