Tag: Tax buoyancy
Posted in Economy
India’s net direct tax collections surge 182% in decade
India’s net direct tax collections skyrocketed 182.02% in a decade to Rs 19.60 lakh crore in FY24, from 6.95 lakh crore in FY15, driven by…
Posted in Economy
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
June 24, 2023 Leave a Comment on Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…