tax policy in Indian economy
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After all, India's tax-GDP ratio was only 10.9 per cent in 2019, as against the OECD average of 34 per cent. The taxation policy of the Indian government has been problematic on two grounds. ... This is also when the service tax was hiked steadily to 18 per cent (under GST) from 12.4 per cent in 2014
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Answer:
Direct taxes are imposed on corporate entities and individuals.
Explanation:
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