Tax collections can’t defy economic reality - Times of India
India's tax-GDP ratio of 17.7% is argued to be in line with its development status, according to the GOI's revenue secretary and joint secretary.
Posted 8/21/2023, 3:53:00 PM
timesofindia.com
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India's GDP grew at a rate of 7.8% in the April-June period, fueled by a strong services sector and government infrastructure spending.
India's economic growth is estimated to be closer to 7.5%, with the country's first quarter growth at 7.8%, reflecting India's increasing stature in the world.