The union government’s tax collections may have shown relatively higher buoyancy in recent years, but the growth in tax receipts has still been sub-optimal in the last decade. The tax-GDP ratio would need to rise by several notches for the exchequer to be resource-rich.
Financial Express (India)’s Priyansh Verma authors an article on “New govt needs to expedite tax reforms, boost receipts” with expert comments from our Partner Darshan Bora.
