Indirect levies generate 53% of govt tax revenue
The word 'taxpayer' is routinely used by middle class Indians to refer to those who pay income tax, but the biggest chunk of the government's tax revenue actually comes from goods and services tax (GST), which is paid by even the poorest. This is followed by corporation tax, paid by corporates on their profits, though individual income tax is a close third. The 2022-23 Budget estimate of revenue e…