Income tax-biggest revenue category; corporate tax now behind even GST: Anand Rathi report

New Delhi [India], July 15 (ANI): Personal income tax has become the largest revenue category for the Indian government, surpassing both corporate tax and GST, according to the Anand Rathi report.

While GST, corporate tax, and personal income tax each now account for nearly 30 per cent of gross tax collection, their trajectories have varied significantly since FY19.

The corporate tax growth rate has been the slowest and m