TAX -GDP RATIO MUST BE INCREASED FOR THE REQUIRED PREDICTABLE ASSESSMENT OF THE FINANCIAL SUPPORT OF OUR ECONOMY.

Democratic socialism is becoming demand under public utility of our country being the developing country where it is necessary to protect the fundamental rights of the citizens of the country and bring transparency and coordination in the accountability required for the good governance. As such our system is depending upon actual tax-GDP collection and evaluation more so, apart from the level of development measured by GDP per capita, there are other factors which may be verified for the required prediction of the assessment and variations, such as governance and compliance levels as required for the improvement of the work and conduct of the methods adopted for the promotion of our system for the business and public expenditure where implementation of GST, corporate sector tax reforms, mapping of third party data through annual information reports and returns, tax deduction at source, as also required for formalisation of economy through digital modes of payments may help the system generated by the contribution for the needs of the time where it may be assessed and introduced for the future compliance of the defined restructure and idea on the marginal structure of the tax-GDP ratio and collection bringing nation up in the financial set up of the increase in the revenue deposit and improve per capita GDP of the Nation in the developing stage of the new lines for the GDP growth and manufacturing in addition to the Agriculture production and control over the misuse of waste ful expenditure obstructing the growth of the predictable assessment and increasing frauds and the evasion detection system and service for the development status of the country facing financial crises since long.