Tax Collections Projected to Dip 10.3% in March Quarter

The government has projected a 10.3 per cent dip in gross tax receipts in March quarter

Income tax receipts are expected to shrink 8.3 per cent while corporate tax collections are projected to dip 28.8 per cent

Collections usually rise in the last quarter of a financial year as tax department goes on an overdrive to meet targets and businesses and individuals clear their annual dues