Punjab News: Punjab has experienced a significant rise in women tax filers, with their share reaching 19% in the last six years, exceeding India’s national average of 18.4%. This increase is attributed to greater female workforce participation and simplified tax processes. The Periodic Labour Force Survey (PLFS) from 2018-2024 shows a 16% boost in female labor force participation for ages 15-59, indicating economic progress in Punjab. States with a higher share include Kerala (26%) and Tamil Nadu (25%), with Punjab closely following at 19%.
Steady Growth in Tax Filers
Between 2015-2024, Punjab’s tax filers rose by 0.6%. Although Punjab has a per capita direct tax rate below the national average, the rise in tax filings among women reflects economic and social advancement, strengthening both state and national growth.
Women’s Workforce Participation on the Rise
The significant jump in female tax filers in Punjab, now at 19%, showcases the impact of rising workforce participation among women. The Periodic Labour Force Survey (PLFS) reveals a 16% increase in women’s labor force involvement from 2018 to 2024, underscoring shifting gender dynamics in employment across the state.
Regional Comparisons and National Context
While Punjab’s tax rates per capita lag behind the national average, the state leads in women’s tax filer growth, comparable with states like Kerala and Tamil Nadu, which have the highest shares. This trend signals broader socioeconomic development, aligning Punjab with other progressive states in advancing women’s roles in the economy.
Contributing Factors: Simplified Tax Policies
Easier tax procedures and supportive policies appear to play a key role in driving tax compliance among women, making it simpler to declare income and engage in formal financial systems. As more women gain financial independence, this could further stimulate economic activity and growth within the region.
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