12 results found

Anti-black money initiative could mean a policy reform bigger than GST

The recent anti-corruption, anti-black money drive of the BJP is being characterised by the same intellectually old people as being against the interests of the poor.

Budget 2018/19: Revolutions and Regression

With the government swimming in tax revenues, it makes little economic, or revenue, sense to reintroduce the long term capital gains tax after a hiatus of 14 years. Why?!

Smart Policies for Redistribution

India can, and must, reform its welfare system for a transforming India – more efficient redistribution is desirable for both ethical, and political, reasons.

Tax-fruits of demonetisation

A direct outcome of demonetisation is a sharp increase in 2017-18 in tax buoyancy (revenues per unit of growth). Given this ‘unexpected’ result, will the knee-jerk critics of demonetisation please stand down?

World economy: Looking up

The world is on course for good growth, low inflation, lower taxation and increased income support for the needy. And yes – declining global inequality.

Gujarat 2017, lessons for all

This election was the first since slow economic growth was apparent and in the data. A slow economy, however, was not the only factor — after all, in Himachal Pradesh, the BJP won by a large margin.

Gujarat 2017- A turning point?

For whom will the Gujarat election toll – a confident BJP or a reviving Congress? The opinion polls suggest that Gujarat may not be a Rahul Gandhi moment.

Data vs gossip: Who should win?

The incomes of the poorest are rising at a faster pace than any time since January 2015. That could be the reason for Modi winning elections and why the growth slowdown will soon reverse.

The good, the ugly

Narendra Modi’s tenure thus far has brought about significant structural change in the economy. But the nation needs to be careful about false morality and cow vigilantism

Towards an Income Tax Revolution

The economy provides scope and demonetisation, the rationale for a flat income tax rate and a negative income tax for the poor and the needy.