Deccan Herald : Sep 20, 2020, 01:17 PM
New Delhi: The net direct tax collection during April-August was Rs 1.92 lakh crore, down 31 per cent over the same period of the last fiscal.The net indirect tax collection during the five-month period till August fell 11 per cent year-on-year to Rs 3.42 lakh crore.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, the Centre's Goods and Services Tax (GST) collection stood at over Rs 1.81 lakh crore.The Budget 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.