Indian Tax Revenue - An Analysis

Abstract

Taxing is the primary source of government revenue, and the economic success of any country is primarily determined by its taxation structure. India’s taxation system is separated into two categories: direct and indirect taxes. The purpose of this article is to investigate the trend pattern of direct and indirect taxes, as well as their impact on India’s overall revenue. The data was gathered from secondary sources, such as the Ministry of Finance and the Reserve Bank of India, over a ten-year period. To analyse the results, the researcher used percentage and annual increase. According to the findings, India generates more revenue via direct taxes, which account for the majority of the country’s total revenue.