A Progressive Evaluation of Direct Tax Revenue in India

Komal Jaiswal

Abstract


The primary objective of any country is the overall growth and development of a country. The government should focus on the welfare and developmental activities which requires finance. Tax is considered a major source of revenue for a government. Therefore, the development of a country is related to the tax revenue generated. This paper examines the direct tax revenue collected in India. The main objective of this paper is to analyse the direct tax revenue in India and also suggest certain measures to increase the same.  Data has been collected from secondary sources i.e. Union Budget and Economic Survey, Ministry of Finance, etc. The researcher has used various tools for analysis like average, percentage and has also calculated tax buoyancy. The researcher concluded that there has been increase in the tax revenue but still there are certain loopholes which need to be improved.

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References


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DOI: https://doi.org/10.23956/ijermt.v6i11.46

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