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MS Dhoni Tops Taxpayer List in Bihar & Jharkhand; States Collect ₹20,000 Cr in FY26

6 months ago · Lumic

MS Dhoni, top taxpayer in Bihar & Jharkhand, as states collect ₹20,000 Cr in FY26.
Lumic
6 months ago
MS Dhoni Tops Taxpayer List in Bihar & Jharkhand; States Collect ₹20,000 Cr in FY26
IMPACT BULLETS
The Income Tax Department collected ₹20,000 crore from Bihar and Jharkhand in FY26.
Jharkhand led the collection with ₹12,000 crore, significantly more than Bihar.
Around 70% of the total tax collected came from Tax Deducted at Source (TDS).
business standard·6 months ago

In a notable development for fiscal collections in Eastern India, the Income Tax Department has reported a significant revenue of ₹20,000 crore from Bihar and Jharkhand for FY26. This story, under Lumic's 'Fin Shorts' category, highlights Jharkhand's substantial contribution, collecting ₹12,000 crore, overshadowing Bihar's share. A key factor in this impressive collection is Tax Deducted at Source (TDS), which accounted for approximately 70% of the total revenue. Adding to the noteworthy aspects of taxpayer contributions, cricket icon MS Dhoni has reportedly emerged as the highest taxpayer in Bihar and Jharkhand. This underscores the diverse sources of revenue contributing to the nation's financial health and the importance of individual tax compliance in India's growing economy.

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