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Tax Collection Target Explained | What Budget Numbers Really Mean | Budget Board | Vipin Bhatt Every Union Budget, the Finance Minister announces an important number — Tax Collection Target. But what does this number really mean? Does a higher target mean higher taxes? And how does this target impact government spending, fiscal deficit, and economic growth? In this video, Vipin Bhatt explain Tax Collection Target in a clear and practical way — without complicated jargon — so you can understand what the Budget is actually signalling. In this explainer, you will learn: What Tax Collection Target means in the Budget How the government estimates tax collections Difference between Budget Target and Actual Tax Collection What rising or aggressive targets indicate about the economy How tax collections impact Fiscal Deficit and government spending We also look at real examples from recent budgets, where actual tax collections exceeded targets — helping you understand how optimistic or conservative Budget assumptions really were. Also watch our Budget Board series, where we have already explained key Budget terms like: • Fiscal Deficit • Fiscal Deficit Explained! What It Means fo... • Revenue Deficit • Revenue Deficit Explained: What It Means f... • Capital Expenditure • Capital Expenditure Explained | Why Capex ... 00:00 – Why Tax Collection Target matters 01:05 – What is Tax Collection Target? 02:20 – Types of taxes included in the target 03:40 – Target vs Actual tax collection explained 05:10 – What higher tax targets indicate 06:30 – Impact on Fiscal Deficit and spending 08:00 – Recent Budget examples and trends 09:30 – Final takeaway: How to read this number These videos are designed to help you understand the Union Budget like a pro, not just listen to the numbers. If you want to decode Budget announcements and understand how taxes, growth, and government finances are connected, this video is for you. Budget 2026 | Union Budget | Business News | CNBC Awaaz brings to you latest business news, live share market updates, stock market updates, top business news in india, stock market updates, IPO latest updates, news updates on banking and financials, realty sector and it sector. Watch business news live, business news and share market live updates on CNBC Awaaz. Stay tune to get all the news of pre-opening trades, opening trades, and top calls in pehla sauda. Know what market veterans have to say on the current market trends in Big Market Voices. CNBC Awaaz is one of India’s leading business channels and has been a trusted source for business news and information for over 21 years. Our channel is dedicated to educating, informing, and inspiring viewers to overcome limitations by providing practical advice on personal finance, investing, technology, consumer goods, and capital markets. Policymakers and business owners alike rely on CNBC Awaaz for its accurate and insightful coverage of India’s business environment. Our programming empowers consumers with the knowledge they need to make confident decisions. Stay informed with detailed insights on real estate, stocks, mutual funds, and more. Main URL: • CNBC Awaaz Live: Share Market Live Update ... Subscribe to the CNBC Awaaz channel and press the bell icon to get notified when we go live: https://tinyurl.com/y5rsvesk Twitter: / cnbc_awaaz Facebook page: / cnbcawaaz Website: https://hindi.cnbctv18.com/ Whatsapp Link: http://bit.ly/3RiTpSc Instagram: / cnbcawaaz