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Tax Gdp Ratio

Apr 17, 2014 at 18:46 | Source: PTI
When asked about priorities for the new government to revive economic growth, Richardson said, "bringing the fiscal deficit down, broadening tax base.
Apr 15, 2014 at 17:31 | Source: Moneycontrol.com
The Indian economy bears a striking resemblance to the South Korean economy of 1970s and a few vital steps to boost manufacturing should set the country on a high-growth path, a report by Goldman Sachs concludes.
Apr 02, 2014 at 14:54 | Source: Moneycontrol.com
CRISIL believes that corporate credit quality will improve as GDP growth touches 6 per cent in 2014-15 from sub-5 per cent levels seen in the last two fiscals. The credit ratio will, however, remain below 1 time in the near term.
Feb 23, 2014 at 17:38 | Source: PTI
World's top 20 nations today pledged to boost global growth by 2 per cent, or over USD 2 trillion, over five years, and agreed to work on automatic tax information flow and IMF reforms -- meeting key demands of India.
Feb 18, 2014 at 12:26 | Source: Moneycontrol.com
As expected from Interim Budgets, there is nothing in the Budget that the investor needs to take home. We will have to wait for the regular Budget to see the impact on investments.
Feb 18, 2014 at 11:46 | Source: CNBC-TV18
Leif Eskesen, Chief Economist -India & ASEAN at HSBC says even the government's own underlying assumptions for nominal gross domestic product (GDP) growth is quite low - around 11-12 percent, while the nominal tax revenue growth expectations are buoyant, which will make it difficult to achieve some of the revenue targets.
Feb 17, 2014 at 18:41 | Source: CNBC-TV18
Actually the biggest problem with the Budget is that in spite of the FM being fully aware of the dire fiscal situation, as also that consumption and growth are not constrained because of the prices of goods, he has chosen to cut excise duties of a range of consumer durables like scooters, cars and utility vehicles
Feb 17, 2014 at 18:06 | Source: Moneycontrol.com
Overall, curtailing the fiscal deficit to 4.1% of GDP for 2014-15 seems challenging, given the optimistic assumptions for nominal GDP growth (13.4%), tax revenue growth (19%) and disinvestment receipts (Rs 370 billion), while simultaneously allowing for fiscal space to fund the new governments expenditure priorities.
Feb 17, 2014 at 17:15 | Source: CNBC-TV18
Siddharth Sanyal, chief India economist, Barclays Capital, says there is a liklihood of some pressure over the medium-term GDP.
Feb 17, 2014 at 14:49 | Source: Moneycontrol.com
As had been widely speculated, Chidambaram announced excise duty cuts on some capital goods and non-durable items (specifically those for export purposes) from 12 percent to 10 percent. There were also reductions for motor vehicles.
Messages on Tax Gdp Ratio »

R Jagannathan

Platinum Member

889 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

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

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881 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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News Now  

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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Tax Planning & Help  

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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Jan 16, 2014 at 06:37 | Source: The Hindu BusinessLine
Jan 07, 2014 at 13:45 | Source: FirstPost
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