Robust tax revenues this fiscal to improve tax-GDP ratio: Revenue secretary Tarun Bajaj

The governments’ gross tax collections (after refunds but before devolution) stood at Rs 5.31 lakh crore in Q1FY22, 97% higher than receipts of Rs 2.7 lakh crore in the Covid-affected Q1FY21 and 33% higher than the tax receipts of Rs 4 lakh crore in Q1 of FY20.