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Prime Minister Narendra Modi annouced on Tuesday CBSE board exams were being cancelled in view of Covid-19. Lockdowns and curfews in states have hit automobile sales--a key benchmark to assess economic performance. Our top headlines Wednesday track the Indian economy.
Centre's indirect tax share in GDP rises in FY21 after four years
After a gap of four years, the contribution of the Centre’s indirect taxes in the gross domestic product (GDP) has exceeded that of direct taxes, underscoring the regressive taxation system in the county.
The share of direct tax in GDP fell to a 15-year low in 2020-21 (FY21)
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