Major Corporate Tax Contribution Reaches ₹58,104 Crore in FY24
MEDIA NAME:- India TV News
DATE:- 08-Mar-2025
A total tax payment of ₹58,104 crore has been recorded for the financial year 2023-24, reflecting a 25% increase from the ₹46,610 crore paid in the previous year. This significant rise highlights the growing economic impact of corporate entities and their contribution to India's fiscal development. The increased tax revenue underscores expanding business operations, economic growth, and a strong commitment to the nation's financial framework, supporting infrastructure, public services, and overall economic stability.
