Indirect Tax Reform and Fiscal Federalism in India

2013 ◽  
Author(s):  
Raghbendra Jha
Keyword(s):  
Fiscal Federalism ◽  
Tax Reform ◽  
Indirect Tax Reform

scholarly journals Goods and Services Tax(GST): Biggest Tax Reform In Independent India

2017 ◽  
Vol 5 (01) ◽  
Author(s):  
Preeti Pant
Keyword(s):  
Present Article ◽  
Fiscal Federalism ◽  
Tax Reform ◽  
State Level ◽  
Federal System ◽  
Tax Structure ◽  
Indian Government ◽  
Goods And Services ◽  
Cooperative Federalism ◽  
Sincere Effort

After a marathon debate on Goods and Services Tax (GST) bill finally India witnessed the biggest tax reform after her independence. At the midnight of 30th June, 2017 GST was launched and legally enforced by the Indian Government. It is the biggest tax reform in independent India in last 70 years and will help to modernise Asia’s third largest economy. GST is passed to imply the principle of “One Nation One Tax”. GST has oriented the Indian federal system from fiscal federalism to cooperative federalism. It is replacing the multiple layers of complex taxation currently existing in India and expected to result in simplification of indirect tax structure (at both Centre and State level). Present article includes several aspects of GST. A sincere effort has been made to highlight the implications of GST for government, industries and consumers along with its probable effects on the economy. Besides, practical difficulties related to GST have also been discussed in brief.

Assessing Indirect Tax Reform in a Tourism-Dependent Developing Country

2005 ◽  
Vol 33 (7) ◽  
pp. 1183-1200 ◽  
Author(s):  
Nishaal Gooroochurn ◽  
Chris Milner
Keyword(s):  
Developing Country ◽  
Tax Reform ◽  
Indirect Tax Reform

scholarly journals On selective indirect tax reform in developing countries

2005 ◽  
Vol 89 (4) ◽  
pp. 599-623 ◽  
Author(s):  
M. Shahe Emran ◽  
Joseph E. Stiglitz
Keyword(s):  
Developing Countries ◽  
Tax Reform ◽  
Indirect Tax Reform

Tax Assignment in Multilevel Systems of Government: A Political-Economic Approach and the Case of Spain

1987 ◽  
Vol 5 (3) ◽  
pp. 267-285 ◽  
Author(s):  
R J Bennett
Keyword(s):  
Income Tax ◽  
Fiscal Federalism ◽  
Tax Reform ◽  
Normative Theory ◽  
Economic Approach ◽  
Personal Income Tax ◽  
Multilevel Systems ◽  
Tax Autonomy ◽  
Political Economic ◽  
Source Of Information

In this paper the question of tax assignment in multiple-level systems of government is addressed. Existing economic theory of fiscal federalism, which is the main source of information on tax assignment, is reviewed and various criticisms of this theory, as a normative theory, are outlined which indicate major difficulties in application to practice. Where a strong desire for decentralisation exists, such as in Spain, an alternative political-economic approach is suggested. This is then used to comment on developments in Spain where, it is concluded, the present assignment of taxing powers is insufficient to guarantee the autonomy of the regional governments. For Spain, regional access to a share of the VAT or personal income tax is suggested as the best option for tax reform in order to offer sufficient regional tax autonomy.

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