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Handbook of Tax System in India

Handbook of Tax System in India An Analysis of Tax Policy and Governance

  • 作者:
  • 出版商: Oxford University Press
  • ISBN: 9780198092278
  • 出版时间 September 2014
  • 规格: Hardback , 412 pages
  • 适应领域: India ? 免责申明:
    Countri(es) stated herein are used as reference only

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  • 描述 
  • 大纲 
  • 作者 
  • 详细

    • The book provides an overview of the developments in the Indian tax system during post-reform period
    • It analyses the forthcoming, Direct Tax code and the Goods and Services Tax
    • It provides estimates of tax revenue's growth rate and buoyancy and tax effort.


    The existing tax system in India yields a low tax-GDP ratio as a major proportion of the population is dependent on agriculture which is practically untaxed. Similarly the service sector, which has the largest contribution in GDP, is also not fully taxed. Due to the structural reforms that were initiated in the nineties, the growth in revenue from indirect taxes has come down while the revenue from direct taxes has showed an accelerated growth. This study on the tax system in India evaluates the existing taxes that are being levied by both the Centre and the State Governments. It analyses tax structure in terms of rates, base, slabs, and exemptions, and its administration and operations to provide estimates of revenue's growth rate and buoyancy and tax effort.

    The authors not only provide detailed data on the existing structure and administration but also discuss the second generation reforms to address the issues that have emerged since the earlier reforms in 1991. More particularly they discuss the significant and important Direct Tax Code (DTC) and Goods and Services Tax (GST) that the Indian government is likely to introduce soon. They stress that these tax reforms will help India make further progress towards an open economy as well as ensure that Indian traders and manufacturers become more competitive and efficient in the international market.

    Readership: Primary: Libraries of the university departments, institutions, and research centres working on Indian economy and public finance. Secondary: Postgraduate economics students, chartered accountants, and financial analysts working on tax-related issues.

  • Preface
    List of Tables
    List of Figures
    List of Boxes
    List of Annexures
    List of Abbreviations
    1. Introduction
    2. Fiscal Significance of Taxes
    3. Taxes on International Trade
    4. Union Taxes on Income and Property
    5. Central Domestic Trade Taxes
    6. State Taxes on Income and Property
    7. States' Domestic Trade Taxes
    8. Local Taxes
    9. Need for Further Reforms
    References
    Index
    About the Authors

  • Mahesh C Purohit is Director and President at Foundation for Public Economics and Policy Research, New Delhi. Vishnu Kanta Purohit is Associate Professor at Indraprastha College for Women, University of Delhi.

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