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Two-third of Rs 43L cr of direct tax demand difficult to collect, IT dept informs Parl panel
Millennium Post Delhi
|March 21, 2025
Rs 28,95,851 crore, or approximately 67% of total arrears, falls into the category of difficult-to-recover amounts
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The Income Tax Department has informed a Parliamentary panel that nearly two-thirds of the outstanding direct tax demand, amounting to Rs 43 lakh crore, is challenging to recover. The revelation was made before the Standing Committee on Finance, which had raised concerns over the massive backlog and sought potential solutions, including a moratorium.
This story is from the March 21, 2025 edition of Millennium Post Delhi.
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