Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has cautioned income-tax (I-T) officials about the direct tax collection growth rate, and said it can adversely affect the Budget estimate of Rs 11.5 trillion for the current financial year.

In an internal communication to principal chief commissioners of income-tax on January 4, the apex body for direct taxes asked its field officers to step up efforts and put more focus on recovering tax arrears and the current demand. “This is a matter of serious concern and concerted efforts are now required to be made to drive ...