Indian taxation philosophy is primarily driven by the assurance and ease of tax collection. Collecting taxes from certain items (beasts of burden) is very easy for tax collectors and these items assure full tax compliance. 

1. 1960s: GDP per capita up from $19k to $27k, driven by post-war growth.
2. 1970s: Gradual rise to $31k despite stagflation and oil crises.
3. 1980s: Reaganomics boosts GDP per capita from $31k to $38k.
4. 1990s: Tech boom increases GDP per capita to $46k.
5. 2000s-2010s: Resilience and recovery, GDP per capita reaches $63k by 2019.

1. Significant GDP fluctuations in the 1960s and 1970s due to economic policies and crises.
2. 1980s showed recovery after initial negative growth, peaking at 7.3% in 1988.
3. 1991 reforms led to consistent positive trends, with notable growth in the mid-1990s.
4. Liberalization, an IT boom, and global integration drove robust growth in the 2000s.
5. A sharp decline in 2020 due to COVID-19, reflecting economic vulnerability.