DMPQ:What is tax to gdp ration? What are the reasons for low tax to gdp ratio forIndia?
The tax-to-GDP ratio is the ratio of tax collected compared to national gross domestic product (GDP). In a simpler language, it would be Tax contribution towards GDP.Some countries aim to increase the tax-to-GDP ratio by a certain percentage to address deficiencies in their budgets. In states where tax revenue has gone up significantly in comparison … Read more DMPQ:What is tax to gdp ration? What are the reasons for low tax to gdp ratio forIndia?