Q.3 Examine the factors responsible for India’s low tax-to-gdp ratio. What are the measures implemented to increase it? Suggest the way forward. (10 Marks)

Mentor’s comment- https://www.livemint.com/opinion/online-views/a-structural-constraint-that-budgets-must-ease-11643648198894.html In the intro, mention the low tax to GDP ratio of about 10 per cent in India. … Continue reading Q.3 Examine the factors responsible for India’s low tax-to-gdp ratio. What are the measures implemented to increase it? Suggest the way forward. (10 Marks)