Explanation : As per data released by Brickwork Ratings in December 2015, Maharashtra earns approximately 70 per cent of its total receipts through tax revenues the highest among the bigger states - followed by Gujarat and Tamil Nadu. It is the biggest economy within India at Rs 16.87 lakh crore in terms of gross state domestic product (GSDP). The state also contributes to about 40 percent of India's income tax collections. ....Read more