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GST will improve tax-to-GDP ratio: Subramanian

He also termed the proposed tax system - along with strategic disinvestment and twin balance sheets - as the government's major pending agenda

Arvind Subramanian

Chief Economic Adviser Arvind Subramanian has said on Sunday that Goods and Services Tax (GST) will help improve tax-to-GDP ratio in the country, while giving buoyancy to the government's tax collection efforts. He also termed the proposed tax system — along with strategic disinvestment and twin balance sheets — as the government's major pending agenda. Speaking at an international conference on Social Statistics in India, organised by Asian Development Research Institute (ADRI) as part of their Silver Jubilee celebrations in Patna, Subramanian said: "We need to ...