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    dailyadda

    Budget 2026: What 5 yrs of data reveal about India’s direct & indirect taxes - explained

    22 hours ago

    As Finance Minister Nirmala Sitharaman prepares the Union Budget 2026-27, tax data reveals a significant shift. Direct tax collections have surged, surpassing indirect taxes as the government's primary revenue source. This trend highlights a growing reliance on income and profit-based taxation, impacting fiscal strategy and taxpayer compliance.
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