GDP PER CAPITA, AND TAX GDP RATIO ANALYSED FOR THE INCREASE IN GDP PER CAPITA INCREASE THE RISING INCOME OF THE COUNTRY.

Tax GDP ratio is almost remaining same in the country since over the last few decades and the average tax GDP ratio is kept near about fifteen percent since long in which it is stated to be contributed about ten percent by the center and about five percent by the states. At present the said limits have gone above and the center is contributing about sixteen percent where as the states about seven percent. Hence there has been an increase in the ongoing tax GDP ratio and it could not said to be a low tax GDP ratio. The overall assumption are analyses about the tax GDP ratio about twenty one percent list by way and virtue of which development status of the country and states is being affected by way of the revenue collections through the states as well as the center. It is realised that the tax GDP ratio increases with increase in GDP per capita where in the developing countries are facing problem for tax collection and the middle class people are said to increase the GDP per capita. Ultimately all the predictable lines of assessment for tax collection apart from the level of actual tax to GDP ratio are below the target of the economic reality and affecting the development works and the variations too occurring because of the targets for compliance required by the reasoning behind good governance and accountability which is not maintained in the present system of design and scope for promoting ease of doing work and improving the detection system as per law code manual prefixed by the standard of parameters given by the factor of increase in the tax and GDP ratio. The work culture of the manpower and technology development required for increase in the per capita GDP of a nation may bring some improvement in the system generated by the center and the states otherwise it is not possible to improve the system for increase the tax revenue and after the corona virus informal nature of the economy is not going up however the government is trying to reach at the economic realities and doing the increase in the predicted evaluation of the tax GDP ratio than other low income countries, suffering from the poor evaluation of tax GDP ratio maintenance and growth by way of the GDP per capita income.