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Low tax buoyancy often translates into higher deficits and debt. Can a higher direct tax rate improve the overall tax-to-GDP ratio in India? What other steps can be undertaken to revamp the overall tax structure in India? (Answer in 250 words)

15 marks · 250 words · 2 toppers answered this

TopperRankSourceCopy
Abhishek Singh—NextIASp.31
Ritika Chitlangia—NextIASp.38

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