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Dec 03, 2025
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India’s corporate tax collection soars over 200% in four years
India’s corporate tax collection has surged from Rs 4,57,719 crore in 2020-21 to Rs 9,86,767 crore in 2024-25, the Parliament was informed on Tuesday. Minister of State for Finance Pankaj Chaudhary shared the data in the Rajya Sabha in response to a written question, reported IANS.
According to Chaudhary, the RBI’s October 2025 bulletin article “Resilience and Revival: India’s Private Corporate Sector” noted that during the Covid period, despite contraction in sales, lower raw material costs, subdued wage growth, and favorable base effects, net profit at the aggregate level rose sharply by 115.6 per cent, the report added,
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