E-PaperFiscal Revolution News
Opinion
Is India on the cusp of a fiscal revolution?
Income tax collection as a per cent of GDP tend to rise sharply once average incomes cross the $2,000 thresholdfrom 1% of GDP to around 5% of GDP. India is on the cusp of that threshold
4 min read31 Jan 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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