Editor
12:32 PM
Direct tax to GDP ratio in FY24 likely to be the highest since FY01
With nominal GDP estimated at Rs 296.58 trillion, the direct tax-GDP ratio will rise to 6.48 per cent in the RE for FY24. This will be the highest since 2000-01. The BE had projected a direct tax-GDP ratio at 6.04 per cent. Direct tax buoyancy will, however, be at 1.99, higher than the 1.3 pegged in the BE for FY24 and the 1.18 during 2022-23 READ MORE
12:16 PM
