Taxation is the main device to accomplish growth and economic advancement over the long haul of any nation and it is vital to comprehend the parts of tax which are to be focused so as to achieve economic growth. The present examination looks at the Taxation of Income in India amid post liberalization period and arrangement point of view in such manner. It has broken down the growth of income tax income, execution of Income Tax Department and impression of tax experts in regards to Income Tax System in India. For assessing growth of income tax income in India and execution of the income tax organization auxiliary information has been gathered for the period 2007-08 to 2016-2017. For examining the view of tax experts with respect to Income Tax System, information has been gathered from tax experts for example Sanctioned Accountants rehearsing in Punjab and Chandigarh (U.T.). Further, a greater part of tax experts opined that tax avoidance and debasement are common in the Indian Income Tax System because of numerous taxes, high tax rates, social acknowledgment of tax avoidance, low likelihood of location and low tax ethical quality, over the top optional forces accessible with income tax specialists. They opined that staff is accessible in the workplaces and labor is overburdened in Income Tax Department, Online tax accounting system and so forth. It was likewise discovered that offer of direct taxes in absolute tax income of Central Government, number of income tax assessees, income tax to GDP proportion and lightness coefficient demonstrated an upward pattern amid this period. Further, Maharashtra and Delhi stayed best performing states as far as offer in absolute income tax income. While, the conditions of Bihar and Jharkhand, J and K and Himachal Pradesh made the most reduced commitment towards all out income tax income. Cost per rupee of tax gathering and cost per assessee, number of extraordinary discount claims declined amid the examination period.