Income Disparity Falls 74.2% Since FY14, Direct Tax Collection Share Highest in 14 Years: SBI Study

A comparison of disparity in income during AY15 and AY24 shows that there is a clear rightward shift in the income distribution curve, signifying people in lower income brackets are increasing their income to converge towards their share in population, says SBI.

Oct 25, 2024 - 19:30
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Income Disparity Falls 74.2% Since FY14, Direct Tax Collection Share Highest in 14 Years: SBI Study
A comparison of disparity in income during AY15 and AY24 shows that there is a clear rightward shift in the income distribution curve, signifying people in lower income brackets are increasing their income to converge towards their share in population, says SBI.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!