Question
What was the growth rate of India's gross tax revenue
for the 1st Quarter of 2023 (April to July) compared to the same period in the previous year, according to government data?Solution
India's gross tax revenue for the 1st Quarter of 2023 reported a growth of merely 2.8% to Rs 8.9 trillion compared to the same period a year ago. This means that the correct answer is option B, as the growth rate was 2.8%.
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