Tag: Income Tax Collection
Posted in Business
A big picture analysis of India’s direct tax base
February 7, 2023 Leave a Comment on A big picture analysis of India’s direct tax base
A higher share of direct taxes is considered a hallmark of progressive tax burden. This is because direct tax burden increases as income/wealth of the…
Posted in Economy
Income Tax Collection: I-T Department spends 57 paise for every Rs 100 of tax collection: Official
February 2, 2023 Leave a Comment on Income Tax Collection: I-T Department spends 57 paise for every Rs 100 of tax collection: Official
Income-tax collection cost that the I-T Department incurs in the country is one of the lowest in the world at Rs 0.57 for every Rs…