64 paise for every rupee in Government reserve come from taxes
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According to the budget document, for every rupee in the government coffer, 64 paise will come from direct and indirect taxes, while states’ share of taxes and duties is the single-largest expense head accounting for 20 per cent of the total spending. Goods and services tax collections will contribute 18 paise in every rupee revenue. Corporation tax will contribute 18 paise to each rupee earned by govt.
