India Today
Read Full Budget 2024 Coverage The middle class, the tax-paying population of India, stares at the face of the government every time the Budget day approaches. Revenue Receipts 2019-2020 2021-2022 2022-2023 2023-2024 2024-2025 Corporate Tax 556,876 712,037 825,834 922,675 1,042,830 Income Tax 492,654 696,243 833,260 1,022,325 1,156,000 Source: Government of India data The taxes were reduced to boost capital expenditure, …