India’s tax net has to be widened: Sitharaman on changes in tax slab

"It is not just because we have mentioned it in this budget but the attempt to widen the tax net is something which we have been repeatedly saying, that India's tax net will have to be widened – whether it is in the direct taxation or indirect. Second, there are also now PSU dividends which are improving because the valuations have gone up really high and their performance has also now substantially increased. So, revenue mobilisation is not just tax-based, you have non-tax revenue mobilisations which are also coming up. For three years now, we have been talking about asset monetisation, which is not selling of assets but optimum utilisation of those assets which are lying in the form of unutilised stadiums or land which is available with PSUs which can be utilised for better purposes..."