• Mr. Shaikh Taufiq Khalil

Performance of a country is now measured in the global scenario by its GDP rate and growth. GDP calculation is based on the basis of expenditure spent or income received or on the basis of verity of products which are manufactured. Dependency of Gross Domestic Product of a country on the financial activities, such as total market value of the goods and services produced by a country’s economy during a specified period of time. It includes all final goods and services possessed by households, investors, Government and Exports –imports. At present, the GDP rate for the year 2017-18 is 7.7 %. Taxation is one of the important source of revenue to the government. A country’s standard of living is represented by per capita income. The country with higher per capita income is parameter for its economic progress. E-Filing of returns, rectifications, processing status and refunds for e-filed returns are the symbols of advent of technology in collection of taxes. It has enhanced the growth of GDP comparatively better. The present study aims to observe the impact of corporate taxes contribution on GDP. With few more aspects such GDP per capita, labour force, unemployment rate growth, which are directly related or can term them as growth parameters of country Time series data from 2000-2017 is studied special attention on post digital india scheme to assess the relation between the growth of GDP, GDP per capita, growth in labour force, unemployment and corporation Taxes. Canonical correlation, correlation test, Normality tests are conducted to examine the strength of the data. It was concluded that there is a significant impact of corporation taxes on the growth of GDP.

Corporate Taxes, GDP, Taxation, GDP per capital

"Impact of Corporation Taxes on GDP: A Study after Digitization", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.154-161, April-2019, Available :http://www.jetir.org/papers/JETIRBH06021.pdf

"Impact of Corporation Taxes on GDP: A Study after Digitization", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp154-161, April-2019, Available at : http://www.jetir.org/papers/JETIRBH06021.pdf