SBI research sees higher job formalisation rate this fiscal
2021-10-31
An SBI Research report said that almost 3.66 million jobs were formalised till August 2021 since 2017-18 and pegged the size of the informal economy at 15-20% of formal GDP. It asked the government to ensure that the existing tax structure is favourable to the taxpaying population, which constituted 8.5% of the total population and…Continue Reading