FM talks to NDTV/BS-2
Last Updated : Mar 05 2007 | 12:00 AM IST
The economic growth is an average of 9 per cent in the last two years; do you expect a 9 per cent GDP growth next year as well?
We are assuming a nominal growth rate of about 13 per cent of GDPLast year we assumed 12 per cent of GDP. Taxes are not predictable. I cannot say I will collect this much this year.
In the exercise of tax collection and tax administration anything could happen in one sector of industry or another. Monsoons could fail. There are so many imponderables. We are assuming BE to BE 13 per cent this year, which is more than last year.