Need for Increasing The Tax GDP Ratio

Last updated: 28 February 2013

Presenting the Union Budget in the Parliament today, the Finance Minister Shri P.Chidambaram underlined the need for increasing the Tax GDP ratio. The Finance Minister said that in FY 2011-12, the Tax GDP ratio was 5.5 percent for direct taxes and 4.4 percent for indirect taxes. These ratios ar

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