Moneycontrol PRO
HomeNewsBusinessEconomyFY11 tax-to-GDP ratio seen at 10.6%: Rev secy

FY11 tax-to-GDP ratio seen at 10.6%: Rev secy

Revenue secretary Sunil Mitra said on Monday he expects Asia's third-largest economy's tax-to-GDP ratio to be marginally lower at 10.6 % in the current fiscal year to March, from the budget estimate of 10.8% because of inflation.

January 24, 2011 / 13:54 IST

Revenue secretary Sunil Mitra said on Monday he expects Asia's third-largest economy's tax-to-GDP ratio to be marginally lower at 10.6 % in the current fiscal year to March, from the budget estimate of 10.8% because of inflation.

first published: Jan 24, 2011 01:51 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347