Bengaluru in close race with Delhi in direct tax collection: I-T dept data

Bengaluru, which houses global and Indian IT giants, is set to overtake Delhi to become the second-highest contributor in the country’s direct tax collection, after Mumbai, an internal analysis of the Income-Tax Department showed.

India’s technology capital has shown a high growth of 525 per cent in direct tax collection, comprising personal income tax and corporation tax, during the period 2007-08 to 2022-23.

In FY23, it…