Gdp Ratio

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  "India Still Below 2002 Debt Level": Finance Ministry On IMF Report

  Following reports of the International Monetary Fund cautioning India on alleged government debt vulnerabilities, the Centre on Friday said that certain presumptions have been made, which do not reflect the factual position.

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  Corporate Tax Collection Exceeds 3% Of GDP In 2021-2022 After Gap Of 2 Years

  In 28 years, the government had gone for the highest cut by almost 10 percentage points in corporate tax rates for new manufacturing units in 2019-20. The mop up and ratio slipped to 2.77 per cent of GDP in 2019-20 on account of the cut in corporate tax rate.

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  India's Projected Debt Ratio To Be 84% Of GDP: IMF

  India's debt ratio is projected to be 84 per cent of its GDP by the end of 2022, a senior IMF official has said.

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  Record Tax Collections Signify Economic Recovery, To Boost Growth: Government

  Official sources say that the growth revenue collections has also boosted country's tax-GDP ratio for 2021-22 to 11.7 per cent

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  RBI Says States' High Debt-To-GDP Ratio Worrisome

  States debt-to-GDP ratio is likely to remain at 31 per cent by end of 2021-22, which is higher than the 20 per cent target to be achieved by 2022-23

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  Household Financial Savings Slid In Third Quarter Of 2020-21: RBI Report

  RBI Report: The preliminary estimate of household financial savings was placed at 8.2 per cent of GDP in the third quarter of 2020-21.

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  High Fiscal Deficit To Pose Challenge In Lowering Debt To GDP Ratio: Rating Agency

  Fitch Ratings estimated India to clock an 11 per cent growth in the fiscal beginning April and then grow at 6.5 per cent a year through to 2025-26 fiscal.

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  Gross NPAs May Shoot Up To 14.8% By September, Says RBI

  "Macro stress tests incorporating the first advance estimates of gross domestic product (GDP) for 2020-21 indicate that the GNPA ratio of all SCBs may increase to 13.5 per cent by September 2021 under the baseline scenario," the financial report said.

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  Stagflation Threat Looms For Former World-Beating Economy India

  Economists are forecasting a rebound in growth to 6.2 per cent in the fiscal year through March 2021, although much will depend on how quickly global demand and domestic spending recovers.

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  Current Account Deficit Within Manageable Level: Economic Survey

  In sum, although the CAD to GDP ratio has increased in 2018-19, the external indebtedness continues to be on a declining path.

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  If Last 4 Budgets Were Cakes, This Year's Was The Icing: Jayant Sinha

  Praising the government's performance on the economic front, Union Minister Jayant Sinha on Monday said tax to GDP ratio rose and the fear of "tax terrorism" was gone during its tenure.

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  RBI Policy Highlights: GDP Growth Estimate For 2018-19 Retained At 7.4%

  RBI Policy: Reverse repo rate stands at 6.25 per cent, bank rate at 6.75 per cent, cash reserve ratio at 4 per cent.

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  India's Debt Lower Than Best Economies, Says Top IMF Official

  In India, private debt in 2017 was 54.5 per cent of the GDP and the general government debt was 70.4 per cent of the GDP.

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  Arun Jaitley Hints At No Reduction In Oil Excise Duty

  As per estimates, every rupee cut in excise duty on petrol and diesel will result in a revenue loss of about Rs 13,000 crore.

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  IMF Cautions China, Praises India For "Right Policies" To Lower Debt

  The International Monetary Fund or IMF has praised India for using "the right policies" to lower its level of debt. Highlighting India's debt to GDP ratio - the ratio between a country's government debt (a cumulative amount) and its gross domestic product or GDP (measured in years) - IMF said, India's share is "quite high", but New Delhi is trying ...