[amp_mcq option1=”Widening the tax base” option2=”Improving compliance” option3=”Technological interventions” option4=”All of the above” correct=”option4″]<\/p>\n
The correct answer is: d) All of the above.<\/p>\n
The Andhra Pradesh government aims to increase its tax-to-GSDP ratio through widening the tax base, improving compliance, and technological interventions.<\/p>\n
Widening the tax base means bringing more people and businesses into the tax net. This can be done by simplifying the tax system, making it easier for people to file their taxes, and increasing the number of tax audits.<\/p>\n
Improving compliance means ensuring that people and businesses who are already in the tax net are paying their taxes correctly. This can be done by increasing the number of tax inspectors, using technology to track tax payments, and increasing the penalties for non-compliance.<\/p>\n
Technological interventions can help to improve both widening the tax base and improving compliance. For example, the government can use technology to identify potential taxpayers, track tax payments, and issue tax refunds.<\/p>\n
Increasing the tax-to-GSDP ratio is important for the Andhra Pradesh government because it will allow the government to collect more revenue to fund its development programs. The government has set a target of increasing the tax-to-GSDP ratio to 15% by 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"
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