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TAX TO GDP RATIO
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...
As India's R&D faces funding & talent crunch, Niti panel suggests 50+ fixesIndia's research and development spending lags behind global leaders. A Niti Aayog report highlights funding issues and bureaucratic delays...
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: ReportIndia's current account deficit is expected to rise to 2.3 percent of GDP in FY27 from 0.9 percent in FY26. This widening deficit could str...
Sensex to hit 89,000? Why Morgan Stanley is betting big on India Inc after 6-quarter slowdownMorgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside f...
ETMarkets PMS Talk | From Rs 1 crore to Rs 85 crore in 24 years - the power of high-conviction investing, says Alok AgarwalAlchemy Capital Management's Alok Agarwal highlights how a high-conviction, benchmark-agnostic approach has yielded extraordinary long-term...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
SBI General Insurance’s annual GDP crosses Rs 15,000 crore for first time, PAT jumps 8.7% YoY in FY26SBI General Insurance delivered a strong FY26 performance, crossing Rs 15,000 crore in gross direct premium for the first time with 14.5% g...
West Asia War: India’s BBB rating seen stable despite energy shock; S&P flags corporate stress, weaker credit growthWest Asia War: India's sovereign rating remains stable despite rising energy costs. However, supply disruptions for food and fuel could imp...
Your smart investment playbook for FY27: What to buy, what to avoid and how to diversify after a rough FY26FY26 left your equity portfolio bruised. As FY27 begins, here’s how to heal it.
India’s tax-to-GDP ratio aligns with major economies as reforms lift revenue: ReportIndia's tax-to-GDP ratio stands at 19.6 percent, matching major global economies. This figure, combining central and state collections, exc...
Direct tax mopup rises 294 percent in a decadeTotal number of taxpayers surged to 10.41 crore, from 5.70 crore in FY15, as per the data. The number of tax returns more than doubled to 8...
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...
Efforts needed to improve tax to GDP ratio: FicciThe industry body suggested that as a first step towards widening of the tax base, the government may consider making filing of income abov...
Government has little room for tax concessions, says Jayant Sinha"Our challenge right now is that we have very little room for tax concessions," Sinha said during a post budget session organised by indust...
- 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.