As the government gears itself to present a full-fledged budget in a few weeks, the policymakers will have to do the balancing act of giving a boost to the economy along with getting the budgetary...
India’s low tax collections woes and the importance of Indirect taxes on India’s economic problems. Global data compendium CIA World Fact-book puts India’s tax collection at 9.3% of GDP, higher than only Nigeria, Syria, Sudan...
The economic crisis in the country is largely associated with the fiscal and current account deficits. The fiscal deficit is primarily a domestic economic issue while the CAD is intertwined with international developments. The fiscal...
The Indian Economy is gradually sliding into an economic crisis. Here we discuss some measures which could lead to revival of the Indian Economy. These can’t be considered to be a complete list of reforms...
Finance Minister – P. Chidambaram’s take on Fiscal consolidation, Divestment, 2G auction, Inflation management, Current account deficit (CAD), key legislation such as Direct tax Code (DTC). He unveiled a five-year roadmap for fiscal consolidation. The...
Mumbai, December 19, 2011 : On Sunday December 18, 2011 cabinet clears Food Security Bill (FSB) which aims to provides cheap, subsidised foodgrain as a legal entitlement to 75% of the rural population, would be...
