Discuss the major trends in tax revenue of the central government in india since 1991
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It is mainly due to a shortfall in GST revenues (but also personal income tax revenues), compared to the numbers presented in the revised estimates.” The government estimates to raise 25.5 trillion rupees ($370 billion) as taxes in the current fiscal year, according to the budget document...
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TAXATION POLICY SINCE 1991 ECONOMIC REFORMS A comparison of the current structures of India's main central government taxes with those prevailing before 1991 indicates that, following international trends, there has been a sizable scaling back of rates in income, excise, and trade taxes
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