Individual & HUF taxpayers beneficiaries of the majority of government tax deductions and exemptions

Individual & HUF taxpayers beneficiaries of the majority of government tax deductions and exemptions

Exemptions and deductions availed by corporate taxpayers resulted in ₹94,910 crore worth of revenue being foregone in 2019, which increased to ₹99,000 crore by 2023-24, according to data shared by Union MoS for Finance and BJP MP Pankaj Chaudhary on July 28, 2025. File | Photo Credit: Sansad TV/ANI Video Grab The government’s tax exemptions […]

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