Modi Government’s Tax Reforms: 76% Of Tax Revenue Comes From High Earners, What Does This Mean For The Middle Class?
14 Nov 2024 20:24 PM IST
The middle class, historically burdened by high taxes, has seen relief, while those earning higher incomes, especially above Rs 50 lakh annually, are contributing a larger share of the country’s tax revenues. This evolving landscape has sparked discussions on tax fairness and the effectiveness of the Modi government's fiscal policies.