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.

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

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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.

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