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TAX GDP RATIO
Parliament Watch: E-filing portal scales up as ITR rush peaks, LTCG mop-up jumps 79% to ₹1.29 lakh cr in AY26 & moreThe income tax e-filing portal has been upgraded to handle increased filings. Revenue from long-term capital gains rose significantly in as...
Index returns likely to be slightly above long-term averages over next 2 years: Mirae Asset CIO Neelesh Surana on market outlook, fund strategiesMirae Asset Investment Managers (India)’s equity funds have experienced a period of underperformance—the first major blip since inception i...
25% chance of Sensex hitting 1 lakh in next 1 year: Morgan Stanley's Ridham DesaiMorgan Stanley's Ridham Desai sees a 25% chance of the Sensex touching 1 lakh within the next year, driven by stronger earnings and improvi...
NSE IPO to value exchange at Rs 5 lakh crore? 2 scenarios every investor should watchNSE's proposed IPO could value the exchange at around Rs 5 lakh crore, making it one of India's most valuable listed financial institutions...
India's growth story runs through waterIndia's ambitious industrial expansion faces a critical hurdle: water scarcity. As manufacturing's GDP contribution targets 25%, companies ...
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
China escaped middle income trap but India still stuck in it; 4 economists debate if 6.5% growth is enough for Viksit BharatIndia's economic growth rate is robust, but experts caution it may not be sufficient for significant wealth creation. A key concern is the ...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
Nifty at 25,900 by March 2027? Nomura cites key catalysts to watch out forIndian stocks have seen a sharp fall. Nomura predicts the Nifty will climb almost 11% to reach 25,900 by March 2027. This optimism stems fr...
Interim Budget 2024: What is tax-to-GDP ratio & where does India fare on this?Interim Budget 2024: India's tax-to-GDP ratio fluctuated from 11% in FY19 to 9.9% in FY20 due to COVID-19, slightly rising to 10.2% in FY21...
Single rate, fewer exemptions in GST key to boosting India's tax-to-GDP ratioThe tax-GDP ratio is expected to cross 12% in FY19, a new high in over a decade, but lower than emerging market peers.
Tax-GDP ratio to go up: Niti AayogThe Aayog has forecast direct tax to GDP ratio at 5.8 per cent, 6 per cent and 6.3% in 2017-18, 2018-19, and 2019-20 respectively, compared...
Tax-GDP ratio may rise to 11.9% due to GST, closer scrutiny: GovernmentThe higher revenues are projected to push up capital spend of the govt, bring down fiscal deficit to sustainable 3% of GDP and lower the re...
- Tax GDP ratio to reach 12-14 per cent: FM
Pranab Mukherjee today made a case for raising the Tax GDP ratio to a "reasonable level" of 12-14 per cent to enhance the government's capa...
- OECD countries see sharp downturn in tax collection
The figures compiled by the body that has 34 countries as members with an additional four countries as observers, show that the tax-GDP rat...
- India needs to watch tax-GDP ratio
India's tax revenue as a percentage of GDP is about 17%, while the US & UK has 27% & 37% respectively.