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  • India’s Tryst with Revolutionary Tax Reform
  • II. INDIA’s TAX SYSTEM PRIOR TO COMPREHENSIVE REFORMS 1991 The trends in tax revenues presented in table 1 present three distinct phases. In the first, right from the 1970s to mid-1980s, there has been a steady increase in the tax-GDP ratio in keeping with the buoyant economic conditions and acceleration in the growth rate of the economy.
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  • With the launch of this platform, the government has taken another step to make the lives of the taxpayers easier. Over the years, the income tax department has carried out several major reforms,

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One of India’s biggest tax reforms is coming. Are we prepared?

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Why Indias GST is one of the worlds most complex tax reforms

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  • The strategy of reforms introduced in India in July 1991 presented a mixture of macroeconomic stabilization and structural adjustment. It was guided by short-term and long-term objectives. Stabilization was necessary in the short run to restore balance of payments equilibrium and to control inflation. At the same time changing the structure of institutions themselves through
  • Reforms in Indias Fiscal Policy and Its Performance
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  • Law Commission Report No. 14- Reforms of the Judicial

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