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
Budget 2024: GDP growth-tax collections relationship is now complicated on January 4, 2024 at 5:51 am