The Financial Express

‘GDP forecast not in sync with tax collection, credit growth’

Raising questions about the new methodology pushing up the GDP forecast to 7.4 per cent for the current fiscal, economists have said it is not in sync with key parameters such as tax collections and ...
Business Line

Direct Tax to GDP ratio at all time high, cost of collection down

The direct tax-to-GDP (Gross Domestic Product) ratio reached an all time high of 6.11 per cent at the end of FY23, detailed data released on Tuesday by Central Board of Direct Taxes (CBDT) showed. The ...
GMA Network

PHL to raise percentage of revenue collection to GDP starting this year — Finance Dept.

Make this your preferred source to get more updates from this publisher on Google. The Department of Finance on Tuesday said is focusing on raising the percentage of tax collection to gross domestic ...
moneycontrol.com

New GST worry: Measuring GDP growth without past tax collection data

Two months after it kicked-in, Goods and Services Tax (GST) is giving a new headache. How do you measure changes in India’s gross domestic product (GDP) in the absence of past tax collection data?