Which of the following statements about the India’s tax-GDP ratio is True ?
A. India’s tax-GDP ratio is highest in the world.
B. India’s tax-GDP ratio is 56%, which is the lowest in the world.
C. India’s tax-GDP ratio is lowest in the World and as a result very less of the value added to the economy goes in the hands of the Government.

A

Only A

B

Only B

C

Only A and B

D

Only B and C

E

Only C