India’s economy needs moderate corporate taxes to prosper
[ad_1] In fiscal year 2022-23, India’s Income Tax Department data shows that the gross total income (GTI), before loss set-offs and deductions, of individuals amounted to â‚ą62.4 trillion, while that of corporates amounted to â‚ą38.3 trillion. Of the country’s overall GTI of â‚ą107.2 trillion, as per the department’s records, the balance â‚ą6.5 trillion is accounted…