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the effects of tax rates on economic outcomes through regression analysis. The findings reveal that higher tax rates in both countries correlate with reduced tax compliance and revenue generation, as indicated by negative coefficients for tax rate variables. The analysis also highlights that tax exemptions and deductions play a key role in shaping tax revenue, with significant differences in their effects across the two nations. The research supports the hypothesis that aligning income tax policies between India and Bangladesh could improve revenue efficiency. The research provides Insights into how tax policies can affect economic growth and offers suggestions for both countries to improve their tax systems.
Keywords:
Tax revenue, Income tax, Tax rates, Income tax Revenue.
Cite Article:
"Nexus Study between India and Bangladesh Income Tax structures", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.9, Issue 12, page no.a308-a326, December-2024, Available :http://www.ijrti.org/papers/IJRTI2412033.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator