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 ...

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 ...

The Indian economy expanded faster than expected at 7.8 per cent in the March quarter, pushing the annual growth rate to 8.2 per cent in the last fiscal — the highest among the major economies in the ...

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?

Finance Minister Arun Jaitley believes that tax collection will increase. He said, "In the medium and long term, direct and indirect tax collection will increase. Lot of currency outside the banking ...

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 ...