Gujarat saw the fastest growth in its direct tax collections

Q.  Government threw open I-T data. As per it which state saw the fastest growth in its direct tax collections?
- Published on 04 May 16

a. West Bengal
b. Tamil Nadu
c. Gujarat
d. Maharashtra

ANSWER: Gujarat
 
  • Gujarat saw the fastest growth in its direct tax collections, growing 185 per cent.
  • Tamil Nadu saw the next-fastest growth in the period, with its direct tax collections growing 116 per cent.
  • Direct taxes are a consequence of income earned, unlike indirect taxes.
  • Corporate taxes contribute the bulk of the growth in direct tax collections.

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