DIRECT TAXES

Oct. 24, 2018

Recent data released by the Central Board of Direct Taxes (CBDT) shows that share of direct taxes is falling in recent years.

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Time series data released by the CBDT show the share of direct taxes in total taxes rose every year through the first decade of this century — going from 36.31% in 2000-01 to 60.78% in 2009-10.
This was reversed in 2010-11, when the figure fell to 56.48% — thereafter, despite spikes in some years, the broad trend has been that of decline.
In 2016-17, the share of direct taxes in total taxes fell to 49.65%, before rising to 52.29% in 2017-18.

Source : Indian Express

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