Budget 2023: Net tax collection sees spike in past 2 years
The gross tax collection stands at ₹13.63 lakh crore as of 17 December 2022 as against ₹10.83 lakh crore in the previous year.
The gross tax collection stands at ₹13.63 lakh crore as of 17 December 2022 as against ₹10.83 lakh crore in the previous year.
The hype over high GST collection hides the falling corporate tax and rising oil tax, both of which put higher burden on the poor, keep consumption demand low and drag growth down
The Finance Minister, Nirmala Sitharaman tabled the 2021 Union Budget in Parliament today. Here are some key highlights.
Considering the adverse effects of the Covid-19 pandemic and the ensuing recession, businesses hope for this Budget to be a game changer.
Deloitte’s CFO Survey 2018 notes that GST has not only made overall tax filing simpler but also had a positive impact on the revenue and supply chain.