Development and Taxation
60 Critical Commentaries
Published on 30. June 2017
Book
Hardback
326 pages
978-93-327-0388-9 (ISBN)
Description
This volume is a collection of selected critical commentaries on various aspects of the Indian and global economies. The author has used a mix of verbal and graphical tools, comprising his thoughts on economic, political economy and social challenges and incorporating analysis, conclusions, and recommendations on those issues. The articles address macroeconomic concerns including the estimation of GDP, savings and growth, inflation and interest rates, financial markets, demonitisation of the currency, land acquisition, and others. They analyse fiscal policy and taxation matters including tax evasion and corruption, and the struggle to improve the ease of doing business. Emerging international economic relations including United Kingdom's leaving the European Union and India's economic and strategic relations with Japan, China, Latin America, and, last but not least, with Pakistan, are addressed. Issues emerging from the Group of 20 Nations (G20) are not ignored. On socio-economic aspects, India's challenges and failures in designing and implementing a range of socio-economic policies are addressed. Health and palliative care, cleaning up India, quality deterioration in the Indian Railways, and the failure to educate Indian youth, are taken up. A selection of essays with political economy and socio-historical perspectives concludes with a final philosophical note-that thoughts can comprise ideas, thus summing up, as it were, the overall stance in the narrative of the included commentaries.
More details
Language
English
Place of publication
Ghaziabad
India
Target group
Professional and scholarly
Dimensions
Height: 235 mm
Width: 156 mm
Weight
569 gr
ISBN-13
978-93-327-0388-9 (9789332703889)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Parthasarathi Shome is Chairman, International Tax Research and Analysis Foundation (ITRAF), Bengaluru. Prior to that he was Adviser (Minister of State) to the Indian Finance Minister, and Chief Economist, Her Majesty's Revenue and Customs (HMRC), United Kingdom. Earlier he was Chief of Tax Policy, International Monetary Fund (IMF), and Professor of Economics, The American University, Washington DC. He received the highest civilian honour of the Brazilian Government, Commander of the Order of the Southern Cross, and the Jeanne S. Mattersdorf Award of the National Tax Association of America as "an outstanding student in the field of taxation and public finance" for his PhD thesis from Southern Methodist University.
Content
- List of Tables and Figures
- Preface
- Macroeconomy
- 1. 2016 Through a Looking Glass
- 2. Is there Economics in the 2015 Land Acquisition Bill?
- 3. GDP Estimation Methodology: Exasperating Improvements
- 4. Inflation and Interest Rates: What is the Reserve Bank's Policy?
- 5. Is 25 per cent of GDP from Manufacturing Robust Policy?
- 6. Having a Heart, Using the Head
- 7. Financial Market Behaviour
- 8. India's Savings and Growth
- Fiscal Policy
- 9. Ramifications of Budget 2016-17
- 10. 2015-16 Union Budget: The Must and the Must Not
- 11. 2015-16: A Union Budget with Sense and Sensibility
- 12. The Budget's Massive Tax Effort
- 13. Year of Fiscal Consolidation
- 14. The Evolving Fiscal Stance
- 15. Dangers and Foibles of Tax Reform
- Taxation Matters
- 16. Taxation Research: Emergence and Progress
- 17. Taxation Research: Interpretative and Administrative Issues
- 18. India's Effective Tax Ratio
- 19. A Time for Tax Reform
- 20. Tax Evasion as Corruption
- Income Tax
- 21. IT Department Statistics-I
- 22. I-T Department Statistics-II
- 23. Mnes' Tax Avoidance and Overdealt Response
- 24. Corporate Tax Rate and Links to Incentives
- 25. Minimum Alternate Tax on Foreign Companies
- 26. Are Corporations an Enigma?
- 27. The Vodafone Affair: The Layout
- 28. The Vodafone Affair: The Deconstruction
- Indirect Tax
- 29. Pushing Forward on GST
- 30. GST: Remains of a Decade
- 31. Tax Policy and Administration-A Conversation: If Petroleum is Out, It's Not GST
- 32. An American VAT?
- International Economic Relations
- 33. Indo-UK Economic Relations After Brexit
- 34. India's Strategy-Both Japan and China? The Answer is No!
- 35. The India-Pakistan Phenomenon: Ready for Economic Deconstruction
- 36. Developed and Developing Societies: A Behavioural Hypothesis
- 37. China Must Look Within
- 38. Solving the Euro Zone's Problems
- 39. The Just-Emerging Asian Economy
- 40. Has the Euro Matter now been Solved?
- 41. Countdown to Cannes
- 42. Hola! Yo Soy America Latina
- 43. Volatile Times
- 44. Venice to Verona via Vittorio Veneto
- 45. Globalisation and G20
- Socio-economic Policy
- 46. Compassionate and Palliative Care
- 47. Supply Constraints for Private Sector Healthcare
- 48. Anatomy of Aswachh Bharat and Alchemy to Swachh
- 49. Indian Railways: Nostalgia and Reality
- 50. A Sense of Independence
- 51. A Walk from Kolkata to London?
- 52. Children's Condition: Wither Demographic Dividend?
- 53. West Bengal vs Tamil Nadu
- 54. Water Wars: Yesterday, Today and Tomorrow
- Political Economy
- 55. A Socio-historical Perspective of Brexit
- 56. Vicissitudes of Modern Democracies
- 57. Indo-UK Economic History in Space Age
- 58. Thoughts as Ideas
- Newest Concerns
- 59. Demonetisation: An (un) Necessary Evil?
- 60. Ease of Doing Business (EDB) Cross-Country Indicators
- Supplementary Readings
- Preface
- Macroeconomy
- 1. 2016 Through a Looking Glass
- 2. Is there Economics in the 2015 Land Acquisition Bill?
- 3. GDP Estimation Methodology: Exasperating Improvements
- 4. Inflation and Interest Rates: What is the Reserve Bank's Policy?
- 5. Is 25 per cent of GDP from Manufacturing Robust Policy?
- 6. Having a Heart, Using the Head
- 7. Financial Market Behaviour
- 8. India's Savings and Growth
- Fiscal Policy
- 9. Ramifications of Budget 2016-17
- 10. 2015-16 Union Budget: The Must and the Must Not
- 11. 2015-16: A Union Budget with Sense and Sensibility
- 12. The Budget's Massive Tax Effort
- 13. Year of Fiscal Consolidation
- 14. The Evolving Fiscal Stance
- 15. Dangers and Foibles of Tax Reform
- Taxation Matters
- 16. Taxation Research: Emergence and Progress
- 17. Taxation Research: Interpretative and Administrative Issues
- 18. India's Effective Tax Ratio
- 19. A Time for Tax Reform
- 20. Tax Evasion as Corruption
- Income Tax
- 21. IT Department Statistics-I
- 22. I-T Department Statistics-II
- 23. Mnes' Tax Avoidance and Overdealt Response
- 24. Corporate Tax Rate and Links to Incentives
- 25. Minimum Alternate Tax on Foreign Companies
- 26. Are Corporations an Enigma?
- 27. The Vodafone Affair: The Layout
- 28. The Vodafone Affair: The Deconstruction
- Indirect Tax
- 29. Pushing Forward on GST
- 30. GST: Remains of a Decade
- 31. Tax Policy and Administration-A Conversation: If Petroleum is Out, It's Not GST
- 32. An American VAT?
- International Economic Relations
- 33. Indo-UK Economic Relations After Brexit
- 34. India's Strategy-Both Japan and China? The Answer is No!
- 35. The India-Pakistan Phenomenon: Ready for Economic Deconstruction
- 36. Developed and Developing Societies: A Behavioural Hypothesis
- 37. China Must Look Within
- 38. Solving the Euro Zone's Problems
- 39. The Just-Emerging Asian Economy
- 40. Has the Euro Matter now been Solved?
- 41. Countdown to Cannes
- 42. Hola! Yo Soy America Latina
- 43. Volatile Times
- 44. Venice to Verona via Vittorio Veneto
- 45. Globalisation and G20
- Socio-economic Policy
- 46. Compassionate and Palliative Care
- 47. Supply Constraints for Private Sector Healthcare
- 48. Anatomy of Aswachh Bharat and Alchemy to Swachh
- 49. Indian Railways: Nostalgia and Reality
- 50. A Sense of Independence
- 51. A Walk from Kolkata to London?
- 52. Children's Condition: Wither Demographic Dividend?
- 53. West Bengal vs Tamil Nadu
- 54. Water Wars: Yesterday, Today and Tomorrow
- Political Economy
- 55. A Socio-historical Perspective of Brexit
- 56. Vicissitudes of Modern Democracies
- 57. Indo-UK Economic History in Space Age
- 58. Thoughts as Ideas
- Newest Concerns
- 59. Demonetisation: An (un) Necessary Evil?
- 60. Ease of Doing Business (EDB) Cross-Country Indicators
- Supplementary Readings