According to Union Budget estimates for financial year 2023, the central tax to GDP ratio is estimated to decrease to 10.7 percent from 10.8 in financial year 2022. During the observed period, the ratio was the highest in 2018.
Central tax to GDP ratio in India from financial year 2018 to 2021, with estimates until 2023
*Revised estimate
**Budget estimate
India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.
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CBGA (India). (February 8, 2022). Central tax to GDP ratio in India from financial year 2018 to 2021, with estimates until 2023 [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/1356465/india-central-tax-to-gdp-ratio/
CBGA (India). "Central tax to GDP ratio in India from financial year 2018 to 2021, with estimates until 2023." Chart. February 8, 2022. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/1356465/india-central-tax-to-gdp-ratio/
CBGA (India). (2022). Central tax to GDP ratio in India from financial year 2018 to 2021, with estimates until 2023. Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/1356465/india-central-tax-to-gdp-ratio/
CBGA (India). "Central Tax to Gdp Ratio in India from Financial Year 2018 to 2021, with Estimates until 2023." Statista, Statista Inc., 8 Feb 2022, https://www.statista.com/statistics/1356465/india-central-tax-to-gdp-ratio/
CBGA (India), Central tax to GDP ratio in India from financial year 2018 to 2021, with estimates until 2023 Statista, https://www.statista.com/statistics/1356465/india-central-tax-to-gdp-ratio/ (last visited December 12, 2024)
Central tax to GDP ratio in India from financial year 2018 to 2021, with estimates until 2023 [Graph], CBGA (India), February 8, 2022. [Online]. Available: https://www.statista.com/statistics/1356465/india-central-tax-to-gdp-ratio/
