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In a recent report by the State Bank of India (SBI), Karnataka and Tamil Nadu have emerged as key contributors to India's direct tax collections, ranking second and fourth, respectively. Together with Maharashtra, Delhi, and Gujarat, these states account for 70% of India's total direct tax collections. Maharashtra leads the chart with an impressive 38.9% contribution, followed by Karnataka, Delhi, Tamil Nadu, and Gujarat. The report highlights that Maharashtra, Delhi, Karnataka, and Tamil Nadu
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FAQ :
Karnataka ranks second and Tamil Nadu ranks fourth in direct tax collections. They are part of the top five states, which also include Maharashtra, Delhi, and Gujarat.
Maharashtra is the leading state, contributing 38.9% to India's total direct tax collections.
Maharashtra, Delhi, Karnataka, and Tamil Nadu have per capita tax contributions significantly above the national average.
In assessment year 2024, the top five states for ITR filings were Maharashtra, Uttar Pradesh, Gujarat, Rajasthan, and Tamil Nadu.
The number of taxpayers has surged 2.3 times over the last decade, reaching 8.62 crore in AY 2024. The number of crorepati taxpayers has grown fivefold in the same period.
Female taxpayers now represent around 15% of all individual tax filers in India.
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