which is the largest source of national income in india
Textile industry
title: Income in India text: the agriculture sector in India, bring about reforms in labour laws, and provide education. The "Economic Survey of India 2007" by OECD concluded About 27.5% of the population was living below the poverty line in 2004-2005. Income in India India's per capita income (nominal) was $1670 per year in 2016, ranked at 112th out of 164 countries by the World Bank, while its per capita income on purchasing power parity (PPP) basis was US$5,350, and ranked 106th. Other estimates for per capita Gross National Income and Gross Domestic Product vary by source. For example, India's average GDP per capita on title: Income in India text: Income in India India's per capita income (nominal) was $1670 per year in 2016, ranked at 112th out of 164 countries by the World Bank, while its per capita income on purchasing power parity (PPP) basis was US$5,350, and ranked 106th. Other estimates for per capita Gross National Income and Gross Domestic Product vary by source. For example, India's average GDP per capita on PPP basis in 2009, according to The Economist, was US$5,138, with significant variation among its states and union territories. Goa had the highest per capita PPP GDP at US$14903, while Bihar the lowest with per capita title: Income tax in India text: Hindu Undivided Families (HUF's), companies, firms, LLP, association of persons, body of individuals, local authority and any other artificial juridical person. Levy of tax on a person depends upon his residential status. The CBDT administers the Income Tax Department, which is a part of the Department of Revenue under the Ministry of Finance, Govt. of India. Income tax is a key source of funds that the government uses to fund its activities and serve the public. The Income Tax Department is the biggest revenue mobilizer for the Government. The total tax revenues of the Central Government increased from in 1997-98 title: Economic history of India text: the Emperor Aurangzeb reported an annual revenue of more than £100 million, or $450 million, more than ten times that of his contemporary Louis XIV of France, while controlling just 7 times the population. By 1700, Mughal India had become the world's largest economy, ahead of Qing China and Western Europe, contains approximately 23% of the World's population, and producing about a quarter of world output. Mughal India produced about 25% of global industrial output into the early 18th century. India's GDP growth increased under the Mughal Empire, exceeding growth in the prior 1,500 years. The Mughals were responsible for title: Economy of India text: Economy of India The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 139th in per capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 . After the 1991 economic liberalisation, India achieved 6-7% average GDP growth annually. Since 2014 with the exception of 2017, India's economy has been the world's fastest growing major economy, surpassing China. The long-term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio,