Low tax revenue share, high dependence on taxes for government spending. Can tax reforms in India 2025 ease the burden on citizens?

India doesn’t collect more taxes than its peers. The Budget is reported to be exploring plans to ease the tax burden on individuals. A cross-country comparison shows India’s taxes are not unusually ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

as the GST Council did not release state-wise collection data for October 2023 and January 2024. Since its introduction in July 2017, the Goods and Services Tax (GST) has transformed India's tax ...

India’s net direct tax collection rose 16 per cent to ₹16.90 lakh crore in April-January period of FY25 New Delhi: Strong growth in tax collection from both personal and corporate income ...

The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to ...

Modi government presented its first full-year budget in his third term. Follow Bloomberg India on WhatsApp for exclusive ...

The government's tax collections are expected to remain healthy in the financial year 2025-26 (FY26), according to a report by CareEdge Ratings.Gross tax revenue is projected to grow by 10.4 per cent, ...

As many as 90% of eligible taxpayers in India pay anywhere from no tax to Rs. 1.5 lakh. The top 1% of ITR filers pay 50% of the total personal income tax collection of India, while the top 9% pay ...

Growth in India’s net direct tax collections slowed marginally over the past month to touch 15.88% by January 12, from a 16.5% uptick as of December 17, with gross receipts also tapering ...

There is a growing sense that the Indian government has been over-taxing its citizens. But is that so? We explain.