Tax Gdp Ratio

Jul 20, 2015 at 21:54 | Source: PTI
Goods & Services Tax (GST) will be a game changer for the Indian economy. The new tax regime can lead to efficient resource allocation within the economy, improve tax compliance and positively impact GDP growth.
Jul 12, 2015 at 16:21 | Source: PTI
Speaking at the Nabard Foundation Day function, Jaitley said the "silver lining" is that revenue collection situation is expected to be more comfortable than last year.
Jul 06, 2015 at 20:30 | Source: PTI
The challenges include a two percentage point downside risk to the 12.5 percent growth projection in the nominal GDP growth, slow pace of pick-up in the direct tax mop up, fear of indirect taxes not achieving the targets and an ambitious divestment target of Rs 69,500 crore.
Jun 20, 2015 at 13:30 | Source: PTI
The Minister said India's seven plus percent growth rate came backdrop of a terrible monsoon last year and a second round of crop destruction in March this year.
Jun 09, 2015 at 19:17 | Source: PTI
Once the CST (Central sales tax) is phased out, optimisation of warehouses and inventories will accrue in savings on logistics. The elimination of check posts will also help deliver savings as goods move faster, the agency said, pointing out that the consumer durables sector will benefit the most.
Jun 01, 2015 at 13:29 | Source: Reuters
The tariff cuts, effective from June 1, are the latest in a string of measures to stimulate domestic consumption and bolster economic growth, which hit a 24-year low last year. Private consumption now accounts for over half of China's GDP growth, but lags far behind levels in markets like the United States.
May 26, 2015 at 16:35 | Source: CNBC-TV18
While brokerages such as Ambit and Macquarie have reduced their gross domestic product (GDP) estimates, chief economic advisor Arvind Subramanian says it is too early to start revising GDP growth numbers downwards.
May 20, 2015 at 08:58 | Source: Moneycontrol.com
The dismal fourth quarter earnings notwithstanding, Akash Singhania, Head-Equity, Deutsche Asset Management India says on an annualised basis, corporate earnings are likely to grow in double digits for FY16 as well as the subsequent two to three years.
Apr 24, 2015 at 10:28 | Source: PTI
Once the Constitution Amendment bill is approved by Parliament by two-third majority, it will have to be ratified by half of the states. The Bill on GST was introduced in the Lok Sabha in December last. Jaitley had earlier said that implementation of the landmark GST regime would increase the GDP by 1-2 percent.
Apr 02, 2015 at 15:27 | Source: CNBC-TV18
Sonal Varma, chief economist, Nomura does not see any rate cut in April. She believes the RBI has frontloaded the interest rate cuts in order to give more time to banks to respond going forward. She feels there is the probability of one more rate cut after that.
Messages on Tax Gdp Ratio »

R Jagannathan

Platinum Member

1336 Followers

Tax Planning & Help  

Abolishing Income Tax: Why tax-GDP ratio must come down as we grow At the heart of any question about tax - whether on incomes or non-income - is one of ideology and social philosophy, not just economics. If you believe in the idea of free markets and a minimal state, the question on whether you

3.11 PM Jan 7th 2014

madhu_sharm
a

Silver Member

5 Followers

Market Strategy - Short Term  

local and global factors. That being the case, the only way current account deficit can be kept in check is by reducing imports of gold and oil.It is better to acheive fiscal consolidation partly through a higher tax-GDP ratio than merely through reduction in the expenditure to GDP ratio

8.00 PM Feb 27th 2013

Eudes

Silver Member

0 Follower

Economy  

Well said.our complex tax administration systems have only promoted corruption otherwise why we have the lowest tax /GDP ratio.People at times are reluctant to get into the tax system not because they want to evade taxes but to evade the harassment at times existing in the system.Hope Mr FM

10.41 PM Feb 6th 2013

Market Analysis - Fundamental View  

for him to put the facts like what is the oil price and deficit of the country, what is the cost of the govt as a percentage of GDP comparing with other countries like US and other BRIC countries. Govt cries alwasy that the tax gdp ratio then what about the Govt expenditure to the GDP ratio. Meida always

1.01 PM Sep 20th 2012

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Tax Planning & Help  

Source:The Hindu BusinessLine - New Delhi, June 15: India should aim for a tax-GDP ratio of 20 per cent in the next two years, the Chief Economic Advisor, Dr Kaushik Basu said on Friday. Currently the combined tax-GDP ratio for the Centre and States put together is 15 per cent. “We need to have

10.41 AM Jun 16th 2012

arcadiastoc
ks82

Platinum Member

908 Followers

Budget  

Need to raise tax-GDP ratio Will make some amendment in FRBM ACT FRBM implementation back on track Fiscal balance deteriorated due to subsidy Avg price of crude to exceed $115 dollar/barrel in 2012 Current account deficit at 6.3% of GDP in FY12 Avg price of crude to exceed $115 dollar

6.22 PM Mar 16th 2012

Budget 2012

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Tax Planning & Help  

Need to raise tax-GDP ratio for fiscal consolidation

2.49 PM Mar 16th 2012

Budget 2012

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Tax Planning & Help  

Need to raise Tax-GDP ratio for fiscal consolidation: Sanjiv Chaudhary

12.27 PM Mar 16th 2012

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Source:The Hindu BusinessLine - New Delhi, March 13: The Centre for Budget and Governance Accountability and Oxfam India have urged the Finance Minister to take a re-look at certain tax exemptions, to raise resources for welfare schemes. Expressing concern at the low tax-GDP ratio at a press meet

12.27 PM Mar 14th 2012

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Source:The Hindu BusinessLine - New Delhi, March 13: The Centre for Budget and Governance Accountability and Oxfam India have urged the Finance Minister to take a relook at certain tax exemptions, to raise resources for welfare schemes. Expressing concern at the low tax-GDP ratio at a press meet

11.35 AM Mar 14th 2012

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Jul 11, 2014 at 03:37 | Source: Calcutta Telegraph News
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