Shravan Shetty, Managing Director, Primus Partners, shared his views that increasing revenue receipts is crucial for managing government expenditure and reducing the fiscal deficit. While GST has boosted indirect tax collections, growth has stabilized. He emphasizes the need to enhance the direct tax system by encouraging new tax models and improving compliance, as only 10% of India's population pays direct taxes, offering significant potential to expand the tax base and increase revenue. Read Now!