📰 News Alert...
🔖 Title: CBDT Sees Whopping ₹20,000 Crore Income Tax Recovery, Almost Double of Last Year
🗓️ Published: 2025-07-09T12:00:00.000Z
📄 Summary: The Central Board of Direct Taxes (CBDT) has successfully collected ₹20,000 crore in pending income tax dues in the first quarter of the fiscal year, nearly doubling recovery figures compared to the previous year. This surge is attributed to increased issuance of income-tax demand notices as part of intensified efforts to detect income under-reporting and tax evasion. With an ambitious recovery target of ₹1.96 lakh crore for the year, the CBDT is focused on strengthening compliance and improving revenue collection across the country.
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🗞️ Source: TOI Business Desk
💓 #TaxRecovery #CBDT #IndianEconomy