Question

Poor tax collection rates a macroeconomic problem in india

Answer 1

Poor tax collection rates :

As per the data provided by Economist , India is being one of the poorest country in terms of GDP rates in the whole world . India's tax revenue percentage is just 12% compared to an EU average of 45% . This reflects extensive corruption , avoiding tax and complex tax rates .

Mark ¡t As Bra¡nl¡est ❤