India needs to maintain a tax buoyancy within the range of 1.2 to 1.5 in order to achieve a consistent economic growth rate of 6.5 to 7 per cent, according to a report released by EY on Wednesday. The ...

If everyone—citizens, businesses, policymakers—embraces digital reforms and builds a culture of tax compliance, India can break free from this cycle. No more loopholes. No more black money. Just a ...

Morgan Stanley reports India's rising global economic influence, driven by strong consumption, energy transition, manufacturing growth, and policy support, forecasting 6.3% GDP growth in FY25 and 6.5% ...

helping in buoying India's tax-GDP ratio. By comparison the corporate income tax (CIT) collections, though increasing, have witnessed a slower momentum. India's tax-GDP ratio for FY24 stood at 11. ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax system, which have historically confused and burdened taxpayers, remain ...

Consumption recovery is expected to broaden as urban demand rises due to tax cuts, while rural consumption remains strong ...

An analysis of the fiscal performance of provincial governments is essential because the IMF Programme focuses more on ...

In Bangladesh, the tax-to-gross domestic product (GDP) ratio is not growing. Rather, the ratio is declining. Today, the country has one of the lowest tax-to-GDP ratios in the world. Riding mainly ...

India’s real GDP growth is expected to be steady at 6.5 per cent in fiscal 2026 despite uncertainties stemming from ...

India's capex-to-GDP ratio had witnessed a significant increase between 2021 and 2023, reflecting strong investment momentum.