TAX BUOYANCY AND ECONOMIC GROWTH: AN EMPIRICAL STUDY OF INDIA

Author Name: Dr. V. kokila

Volume/Issue: Assistant Professor of Economics , Department of Economics ,University of Madras Chepauk, Chennai 600 005

Country: India

DOI NO.: 08.2020-25662434 DOI Link: https://www.doi-ds.org/doilink/11.2022-59252182/UIJIR

Affiliation:

Assistant Professor of Economics , Department of Economics ,University of Madras Chepauk,   Chennai  600 005

ABSTRACT

This paper made a modest attempt to present the empirical evidence on tax buoyancy and economic growth of India. The main objective this research article is to estimate the tax buoyancy of India using time series data for Post-Liberalization period from 2001-02 to 2021-22, and OLS method is used to calculate it with Double – log model. This paper will be helpful to frame the implementable policies to rectify the issues.

Key words: Tax Buoyancy, Tax Revenue and Economic Growth