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INDIA'S TAX, GDP RATIO DOWN TO 8.33% IN H1.
NEW DELHI, Jan 2 Asia Pulse - The ongoing industrial slowdown took a heavy toll on the Tax:GDP ratio, which dipped to 8.33 per cent in the first half of this fiscal from 9.72 per cent during the year-ago period.
According to official estimates, government's tax mop up was Rs 48.63 billion (US$1 billion) till September while gross domestic product (GDP) amounted to Rs 583.54 billion. Tax:GDP ...
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Source: HighBeam Research, INDIA'S TAX, GDP RATIO DOWN TO 8.33% IN H1.