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This article takes as given the accuracy of opinion polls. It offers instead a suggestion towards improving forecasts of elections where traditional assumptions may not be valid. What is offered is a consistent, and ex-ante correction, to polling data. This...
Surjit S. Bhalla is a former part-time member of Prime Minister Narendra Modi’s Economic Advisory Council. In addition, he serves as Chairperson for the Ministry of Commerce High Level Advisory Group on Trade; Economic Adviser to the Fifteenth Finance Commission,...
The best tax policy for the taxman is one that maximizes tax revenue, and not one that maximizes his morality, or his employment, or his discretionary powers.
Surjit S. Bhalla Surjit is a former part-time member of Prime Minister Narendra Modi’s Economic Advisory Council. In addition, he serves as Chairperson for the Ministry of Commerce High Level Advisory Group on Trade; Economic Adviser to the Fifteenth Finance...
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?!
The world is on course for good growth, low inflation, lower taxation and increased income support for the needy. And yes – declining global inequality.
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.
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.
In India we have a monetary authority that admits to not understanding inflation — but persists in damaging an already weak economy because it does not understand it
Average CPI inflation for eight months since September 2016 has been 3.7 per cent. How long are you going to wait and watch, MPC, before you admit that you were wrong in your assessment?