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Personal Income Tax Collections Rise to 3.5% of GDP in FY24
Update / Judgement Date
13 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Personal income tax collections have risen to 3.5% of GDP in FY24. This increase reflects the growth in individual taxpayers and improved tax compliance. The move indicates positive trends in the economy and tax administration. The data involves specific economic indicators.