Tax Arrears Worth Rs 5453 Lakh Crore Pending As On June 30 Govt

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business tax arrears worth rs 54 53 lakh crore pending as on june 30 govt

India faces a significant challenge with tax arrears. Total direct and indirect tax arrears reached over Rs 54.53 lakh crore by June 30. Indirect taxes accounted for over Rs 7.01 lakh crore. Direct taxes amounted to over Rs 47.52 lakh crore. A substantial portion of these arrears is tied up in ongoing litigation.

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