This paper examines the effectiveness of direct and indirect tax revenue on gross domestic product (GDP) in the Indian economy over the period 1970-71 to 2020-21. Using autoregressive distributed lag (ARDL) model, the study finds a positive and significant impact of direct and indirect tax on the country's GDP both in long run and in short run. Additionally, by using multiple regression analysis, this study evaluates the short-term effects of the major components of direct and indirect tax on India's economic growth. The GDP of India is significantly and favourably influenced by personal income tax, corporation tax, and total government spending. While customs duties have a substantial and negative impact on GDP, excise duties have a significant and positive effect. In India, there is a unidirectional causality between GDP and direct tax revenue and a bi-directional causality between GDP and indirect tax revenue. To address the issue of economic disparity, governments must exercise caution when establishing the tax components that would promote long-term growth and development.