Quick Summary
Gujarat has solidified its position as one of Indias top contributors to income tax, with a remarkable cumulative collection of ₹3.46 lakh crore over the past five years, according to a recent report by the State Bank of India. The state is among the top five contributors to Indias direct tax revenue, forming part of an elite group of five states that account for a combined 72% of the nations total direct tax collections. In the fiscal year 2023-24, Gujarats income tax collection saw an impress
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
Gujarat has collected a cumulative ₹3.46 lakh crore in income tax over the past five years.
In the fiscal year 2023-24, Gujarat's income tax collection surged by 88% to ₹93,300 crore.
Women represented 14% of individual income tax filers in Gujarat in 2023-24, which is slightly below the national average of 15%.
Gujarat is among the top five states contributing to India's direct tax revenue.
No, Gujarat's per capita tax payment remains below the national average, even though its per capita income is higher.
CAclubindia
