Personal Income Tax Collection Surges 294% in FY24

Last updated: 21 October 2024


India's personal income tax collection has seen remarkable growth over the past decade, far outpacing corporate tax collections, according to the latest data released by the Central Board of Direct Taxes (CBDT). Between FY15 and FY24, personal income tax revenue surged by an impressive 294.3%, risin
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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