Tag Search: “fiscal policy”
In this article, Rajeswari Sengupta analyses various nuances of the recently announced Union Interim Budget, including the deviation from the targeted path of fiscal consolidation. In a world of Aadha...
- Rajeswari Sengupta
- 04 February, 2019
Indian households tend to hold a high fraction of their wealth in non-financial assets such as real estate and gold. Tax policy has been used to incentivise saving in financial assets and encouraging ...
The recent schizophrenic commentary on the health of the Indian economy raises questions on the true state: Is India doing really well or are we just seeing an impressive facade? In this post, Amartya...
- Amartya Lahiri
- 14 December, 2018
With 99.3% of banned currency returning to the banks, it is clear that demonetisation’s primary objective of nullifying ‘black money’ was not achieved. In this post, Dr Renu Kohli contends that it is ...
- Renu Kohli
- 12 October, 2018
Between 1985 and 2018, the global average statutory corporate tax rate fell by more than half. This article uses new macroeconomic data to argue that profit-shifting is a key driver of this decline. C...
The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nalin...
The Goods and Services Tax (GST) came into effect in India on 1 July 2017. Even as it is too early to judge the performance of GST relative to the system of indirect taxation it has replaced, Gaurav D...
- Gaurav Datt
- 18 June, 2018
Demonetisation and the introduction of goods and services tax were expected to accelerate the shift to formality in the economy. In this article, Renu Kohli contends that while currency in circulation...
- Renu Kohli
- 06 April, 2018
In this article, Sudipto Mundle contends that given Union Budget 2018-19 was the current government’s last full budget before the next general election, headline-grabbing proposals were particularly i...
- Sudipto Mundle
- 16 February, 2018
The Union Budget 2018-19 focusses heavily on agriculture and rural development. In this article, Bharat Ramaswami analyses the key proposals pertaining to investment in agricultural markets and infras...
- Bharat Ramaswami
- 14 February, 2018
In this article, Maitreesh Ghatak contends that while the Union Budget 2018-19 deserves some praise for signalling priorities given the constraints, it disappoints in terms of its vision of reforms.
- Maitreesh Ghatak
- 13 February, 2018
In this article, Bhaskar Dutta critically analyses the Union Budget for 2018-19 in terms of announcements for the rural and agricultural sector, healthcare, and manufacturing, and implications for fis...
- Bhaskar Dutta
- 09 February, 2018