Government borrows 58% of target despite 74% more direct tax collections

Government borrows 58% of target despite 74% more direct tax collections

In spite of the Centre collecting a whopping 74 per cent more direct taxes so far this fiscal on an annualised basis at Rs 5.70 lakh crore, it has also borrowed a massive 58 per cent of the budgeted amount during the same period by selling Rs 7.02 lakh crore worth of debt securities in … Read more