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Low tax to GDP ratio makes infra expansion, investment challenging, says Economic Survey

Low tax to GDP ratio makes infra expansion, investment challenging, says Economic Survey
The survey, presented by Finance Minister Nirmala Sitharaman in the Parliament on Friday, January 29, further stated that, improving the composition and quality of expenditure therefore assumes significance
BusinessToday.In | January 29, 2021 | Updated 14:51 IST
The Economic Survey is a flagship annual document that reviews the development of the country s economy over the past year and provides an in-depth preview of the budget
Low tax to GDP ratio makes it difficult for the government to provide sufficient funds for investment and infrastructure expansion while staying within the bounds of fiscal prudence, according to the Economic Survey 2020-21. ....

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