Budget
Gross tax revenue budgeted to decline, says RBI
The gross tax revenue is budgeted to fall to 10.9 per cent of GDP this financial year from 11.8 per cent in FY 09, the Reserve Bank said. The gross tax revenue, which is budgeted to decline to 10.9 per cent during 2009-10 from 11.8 per cent in 2008-09, may be affected by the continued [...]