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 ...

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

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% ...

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 ...

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. ...

The Reserve Bank of India, in its latest bulletin ... It stated that the gross tax-GDP ratio is budgeted to increase to 12 per cent in 2025-26, which is the highest post 2007-08. “ ...

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

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 ...