Question

51. The share of Indirect Tax collection in total receipts of the government is: ​

Answer 1

Answer:

• While the government has officially not released direct and indirect tax collections, industry sources said the share of indirect taxes in overall tax collections rose to about 56 per cent, the highest in over a decade for the period. This follows a sharp 26-27 per cent decline in direct tax collections.

Explanation:

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Answer 2

Answer:

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It was 32% of the gross tax revenue during the financial year 2017-18, which decreased to 24% during 2020-21. In 2021-22, the proportion is at a slightly higher projection at 25%. This data shows that the dependency on indirect taxes has increased more than direct taxes.