Daily Archive: August 11, 2017

Economic stimulus: Arun Jaitley says to unveil steps to spur growth

Tax-GDP ratio to increase 30 bps for next two fiscals

The tax-GDP ratio will see an increase of 30 basis points (bps) each in 2018-19 and 2019-20 due to the impact of demonetisaion and the roll-out of the Goods and Services Tax (GST), according to the Medium-Term Expenditure Framework (MTEF) Statement...