Rs.26.2 trillion tax arrears pending as on 31 January 2023

Nearly Rs.26.2 trillion is pending in total tax arrears as on 31 January 2023, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha. This includes Rs.313,451 of indirect tax arrears and Rs.23 trillion of direct tax dues. About Rs.550.7 billion of arrears have been realised in this fiscal so far. Chaudhary further stated that of the total pending arrears, 94 per cent or Rs. 24.9 trillion are non-collectable arrears.