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Mumbai, Delhi Assigned Stiff Direct Tax Targets

Financial Express Pune

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May 12, 2025

MUMBAI, DELHI AND Karnataka would lead the direct tax collection charge with enhanced targets for FY26 as the Centre has pegged a collection growth of 13.2% at ₹25.2 lakh crore for the year, despite substantial income tax relief in the budget.

- FE BUREAU

As per Central Board of Direct Taxes (CBDT) action plan for FY26, the Mumbai region — under the Principal Chief Commissioner of Income Tax (PCCIT-Mumbai) — has been assigned a collection target of ₹7.44 lakh crore,

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