Tax Contributions

Biggest myth in India is that the country survives & flourishes ONLY on Middle Class income tax. The fact is that largest revenue generation in India is done thru GST & corporate tax ~ 59%. Income tax is just 26% & rest is Customs & excise. more

Helpful All GST Queries Answered Jan 31

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H.P. Gurg

Income Tax Share can be increased provided Govt implements Tax on Agriculture Income. more

Feb 14

Padam Law

I agree to a large extent. However, the tax limit should be just5% above 10,00,000/- income. No tax for income below 10 lakhs. more

Feb 14

Charudatta Sahaje

The Governments, Central and States collect huge taxes from citizens under different heads of which we are not aware. We need to know the entire collection data. more

Feb 02

Padam Law

Do not know of the accuracy of the figures given, but true that income is mostly from GST, Customs and Excise. more

Jan 31

Deenaz Bulsara

I write in unison to Mr. Rajeev Arora's reply and second it. more

Jan 31

C.S. Narayanan

What about all the chess they levy with no accounting for it more

Jan 31

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Issued by GOI today attached

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By Anonymous Circle member

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