Budget 2024: GDP growth-tax collections relationship is now complicated

The finance ministry makes its projections for next year#39;s tax collections based on how fast it thinks the Indian economy will grow in nominal terms. But if the experience of 2023-24 is anything to go by, the relationship that existed between the two seems to have become more complicated and could present a challenge in crunching the numbers for the 2024-25 interim Budget

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/budget-2024-gdp-growth-tax-collections-relationship-is-now-complicated_17388501.html
via IFTTT