Contribution of direct and indirect tax in the revenue collection of india
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For, while collections from direct taxes
such as corporate tax and personal income tax have risen in absolute terms, their contribution to India's total tax revenue has fallen. On the other hand, the share of indirect taxes such as excise duty, customs and service tax has risen.
such as corporate tax and personal income tax have risen in absolute terms, their contribution to India's total tax revenue has fallen. On the other hand, the share of indirect taxes such as excise duty, customs and service tax has risen.
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