Q.3 Is India an outlier when it comes to tax-GDP ratio? Give reasons in support of your argument. (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/the-wrong-diagnosis-india-tax-gdp-ratio-quality-of-expenditure-8076901/ https://www.livemint.com/Industry/7UAyR2aM3Yh8rBeTD28WHL/Is-India-an-outlier-when-it-comes-to-taxGDP-ratio.html In the intro, mention that  IMF has released their World Revenue Longitudinal Data set from 1990-2019 which allows for comparing the tax collection among the countries. In the body mention link between average income level and tax collection and problems with India’s comparison with other high income countries among G-20. In … Continue reading Q.3 Is India an outlier when it comes to tax-GDP ratio? Give reasons in support of your argument. (10 Marks)