India's GST is still an incomplete story, as a large share of sales pertaining to petroleum products, agricultural products, electricity, and real estate remains outside its purview.
By adhering to fiscal reforms, the Budget has provided a solid foundation for robust medium-term growth in India
The shift might be aimed at boosting disposable incomes of farmers, middle-income class and workers in the unorganised sector.
Policymakers have always thought of temporary relief to farmers ignoring the chronic nature of the ailment.
With the continuing downslide of inflation, the central and state governments may be looking at falling buoyancy of their tax revenues even in 2015/16, writes DK Srivastava.
Chances are next to nil that the revenue targets can be met. Further, the central government has rarely succeeded in meeting disinvestment targets and some slippage is quite likely.
Ernst & Young's D. K . Srivastava says the right time to de-administer oil prices is when international crude oil prices are softening. Given the recessionary world economic situation, there may b...
It is the right time to completely deregulate fuel prices and limit petroleum subsidies to targeted users of kerosene.
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