Question:
The direct tax to GDP ratio in India for the year 2022-23 is:
The direct tax to GDP ratio in India for the year 2022-23 is:
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The direct tax to GDP ratio reflects the efficiency of the tax system and the government's ability to generate revenue.
Updated On: Sep 24, 2025
- 5.23
- 6.78
- 5.97
- 6.11
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The Correct Option is C
Solution and Explanation
Step 1: Direct tax to GDP ratio.
The direct tax to GDP ratio measures the proportion of direct tax revenues relative to the GDP of a country. For the year 2022-23, India's direct tax to GDP ratio was 5.97%.
Step 2: Analysis of options.
- (A) 5.23: This is incorrect.
- (B) 6.78: This is incorrect.
- (C) 5.97: This is correct. The direct tax to GDP ratio for India in 2022-23 is 5.97%.
- (D) 6.11: This is incorrect.
Step 3: Conclusion.
The correct answer is (C), as the direct tax to GDP ratio for India in 2022-23 is 5.97%.
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