📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The change in India’s net tax revenue during Apr–Jul

    2025 was:
    A +1.0% Correct Answer Incorrect Answer
    B +7.5% Correct Answer Incorrect Answer
    C –7.5% Correct Answer Incorrect Answer
    D –1.0% Correct Answer Incorrect Answer
    E 0.0% Correct Answer Incorrect Answer

    Solution

    The figures given highlight fiscal strain amid weak nominal growth. Between April and July 2025, gross tax revenue rose 1%, but net tax revenue declined by 7.5%. This decline is noted alongside nominal GDP growth of 8.8% in Apr–Jun 2025, below the 10.1% Budget target.

    Practice Next
    ask-question