“We are a much more globalised economy in the world and the world is a lot more globalised. If you look at the overall tax rate structure in India, collection of taxes is one of the highest in the world and we are not the richest economy of the world,” Bhalla said. He said that tax collection by state, Centre and local bodies is around 19 per cent of India’s GDP.
Gold poised for sixth week of gains on safe-haven demand
Gold prices rise, marking six weeks of gains, due to increasing U.S.-China trade tensions. Spot gold reaches a record high, while experts cite uncertainty around
February 8, 2025