A COMPARATIVE STUDY OF IMPACT OF DIGITIZATION IN TAXATION BETWEEN INDIA AND BANGLADESH

Abstract

India as a developing country is committed to increasing tax revenue and achieving fiscal discipline with a view to increasing self-reliance.  The  external  environment influencing  the  tax  performance  of India  has  changed remarkably as the country more and more integrated with the global  economy  during  the  1990s.  In  recent  years,  the Government  of India  has initiated  some administrative  and  policy  reforms  in  the  tax  system.  An improved  tax administration  in  association  with  some  pragmatic  policy initiatives has of late resulted in a modest improvement in the tax  to  GDP  ratio.  However, the performance is still unsatisfactory as compared to other countries at a similar stage of economic development.