Publication Page Archive

DELHI – India moved closer towards implementing a Goods and Services Tax (GST) with the conclusion of the latest meeting by the Empowered Committee of State Finance Ministers this Wednesday. While numerous hurdles remain central and state Finance Ministers agreed on several important items that are expected to speed up the implementation process: Two-part levy:...   Read More

With State Finance Ministers having dropped the issue of compensation in lieu of a cut in the central sales tax from the agenda of their upcoming meeting on implementing the Goods and Services Tax (GST) the major hurdle appears to have cleared in reforming India's indirect tax regime.   Seen as a key to facilitating...   Read More

In reply to an RTI query the Union finance ministry   said the UPA II government had commissioned a study in 2011 to ascertain the quantum of illegal money in the Indian economy. It said the study was being carried out by Delhi-based National Institute of Public Finance and Policy (NIPFP) National Council of Applied...   Read More

India might not have much to write home about when it comes to tourist arrivals when compared to the rest of the world but the industry is nevertheless tremendously important for the country. Despite its size and the wealth of sites to visit India counted as only the 38th-most visited nation according the United Nations....   Read More

While the Narendra Modi-led BJP government is all set to present its maiden budget on July 10 the common people and industry have high expectations from the finance minister especially when it comes to fulfill the promise of `Acche Din Aane Wale Hain`. In the forthcoming budget besides maintaining trend of fiscal consolidation it is...   Read More

The Kerala Cabinet has given sanction to Kerala Vision 2030. Expert committees will be constituted to synchronise the ideas put forward by Vision 2030 in annual as well as five-year plans and to advice the government and formulate necessary policies and institutions said chief minister Oommen Chandy. Detailed directions will be prepared to assess and...   Read More

THIRUVANANTHAPURAM: In a major developmental initiative the Cabinet on Wednesday approved the Kerala Vision 2030 formulated by the Planning Board. The projects and concepts proposed under the Kerala Vision 2030 would be included in the Annual and Five Year Plans of the State Government. Announcing the Cabinet decisions on Wednesday Chief Minister Oommen Chandy said...   Read More

New Delhi: More than six decades after it achieved independence India has yet to have a single internal market with its economy divided up by state taxes on commerce. That may be about to change following the reversal by one of the biggest foes of a national sales tax—Narendra Modi the Prime Minister who took...   Read More

Cable Services (CS) has characteristics of excludable public goods, which means they have externalities, but with a degree of excludability to those who are not willing to pay its price. The paper analyses choices for CS using household data from small towns of India. The analysis is structured to go beyond affordability issues. The findings...   Read More

With manufacturing sector showing signs of nascent recovery economic think tank NCAER expects India's Gross Domestic Product to expand at 5.2-5.7 percent this fiscal. "GDP growth rate for 2014-15 is projected at 5.2-5.7 percent. The higher growth of 5.7 per cent is conditional on pick up of investment spending" National Council of Applied Economic Research...   Read More