The Economic Survey for 2022-23 tabled in Parliament by Finance Minister Nirmala Sitharaman says that Indian economy is set to grow faster in the coming decade with the post Covid pandemic recovery having been faster than expected. The survey said that
The recovery of the Indian economy from the shocks of the Covid-19 pandemic is reflected by the 23% increase in direct tax collections. Direct tax is referred to taxes paid by individuals on their income and by corporates on their earning. According