Founder - Burn Inves... • 1m
Between 2014 and 2024, India’s GDP saw a major jump from about $2 trillion to $3.7 trillion, an increase of $1.7 trillion. In rupee terms, the GDP grew from ₹113 lakh crore to ₹294 lakh crore, adding ₹181 lakh crore over the decade. GDP per capita also improved significantly. In 2014, it was around $1,600. By 2024, it rose to roughly $2,600 an increase of over 60%. This shows that not only did the overall economy grow, but the average income per person also went up meaningfully. And let’s not forget, 2020-21 was hit by the COVID-19 pandemic a once in 100 years global event that caused economies worldwide, including India’s, to temporarily contract.
Chartered Accountant • 9m
Direct Tax collections for FY 2024-25 as of 17 September, 2024 Net Collections, YOY comparison Corporate Tax : ₹4.53 lakh crore, up 10.5% Personal Income Tax : ₹5.15 lakh crore, up 18.8% STT : ₹26,154 crore, up 96% Other Taxes : ₹1,812 crore, up
See MoreUnicorn is coming so... • 7m
**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰
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