Columbia University professor Arvind Panagaria was recently appointed as the head of the 16th Finance Commission. His job is to give suggestions on the way the financial relations between the central and state governments will work in future. The Wire reports (2024), Arvind Panagariya has been recently appointed as the head of the 16th Finance […]
Tag Archives: Income Tax
21
Feb
Feb
With falling direct and indirect tax revenues (sic), the Modi government is desperate to raise more money to spend on their fiscal programs to allegedly bring the economy out of the slump which they think is caused by a fall in aggregate demand. Experts and even BJP MPs like Subramanian Swamy are calling this tax terrorism. I am going to analyze two […]