Direct tax-to-GDP ratio scales 15-year high of 6.11% in FY23
According to data released by the Central Board of Direct Taxes, the cost of tax collection decreased to 0.51 percent of total collection in 2022-23 from 0.57 percent in 2013-14from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/direct-tax-to-gdp-ratio-scales-15-year-high611fy23_17412391.html
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