India economy too low??? What's nifty
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India has a long-standing problem of not collecting enough taxes given the size of its gross domestic product. Not only is it much lower than developed countries with comparable GDP sizes, it is below even comparable developing countries. India's tax-to-GDP ration lags behind even Nepal.....
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Explanation:
- India has a long-standing problem of not collecting enough taxes given the size of its gross domestic product.
- Not only is it much lower than developed countries with comparable GDP sizes, it is below even comparable developing countries.
- India's tax-to-GDP ration lags behind even Nepal.
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