The research focuses on the trade-off approaches of several types of revenue collections and their proportion in the development of the economy. To access the effect of buoyancy on the collection of direct and indirect tax revenues in India. The research is conducted from 1991 to 2023 in the present study. Econometric approach is adopted to measure the degree of direct and indirect tax proportion to gross domestic product (GDP). The present research emphasizes on determining the association among the direct tax that include corporation income tax and personal income tax, indirect tax, GDP, gross state domestic product, growth of tax revenue collection, and growth of GDP. The present study states that the proportions of direct tax and indirect tax are closely related with the growth of the nation. The major proportion of direct tax enhances the gross domestic product rather than indirect taxes. The present study found a strong association between tax revenue collections and gross state domestic product (GSDP).