Tag: Personal Income Tax Colletion

Tax Colletion

Personal income tax collection surpassed corporate tax collection first time in 12 years

Whatever did not happen in the last 12 years regarding income tax , happened during the tenure of Modi government. The central government on Monday presented its account data for the financial year 2020-21. For the first time in 12 years, personal income tax has been higher than corporate tax. That is, ordinary taxpayers have …