Your income tax payments have boosted govt collections by 53%; how much did companies put in?

Govt income tax collections: The government saw robust tax collections during the first four months of FY 2024-25. This is likely to help government to attain target of lower fiscal deficit. However, the internals of tax collection are worrying at the margin. Barring income tax, all the other components of tax are reporting very muted growth in collection.

from Tax-Wealth-Economic Times https://ift.tt/29umZTd