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India Needs 1.2-1.5 Tax Buoyancy To Achieve 6.5-7% Growth: EY
Hindustan Times West UP
|February 27, 2025
India has to maintain a tax buoyancy in the range of 1.2-1.5 to achieve a growth of 6.5-7%, a EY report said on Wednesday.
NEW DELHI:
The report also said that the government may need to strengthen revenue mobilisation, particularly by increasing the tax-to-GDP ratio from the estimated 12% in FY26 (Budget Estimates) to 14% by FY31.
India's fiscal strategy must focus on enhancing tax buoyancy, prudent expenditure management, and continued structural reforms to ensure sustainable growth, EY said.
Esta historia es de la edición February 27, 2025 de Hindustan Times West UP.
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