The most popular technique for estimating tax elasticities is the “Proportional Adjustment†method. This paper shows that the standard methodology used will almost invariably lead to biased elasticity estimates, and proposes an alternative methodology which avoids this problem. [WP]

The Finances of the PRIs are looked into. The role of 13th Finance Commission is explained. Some ‘learnings’ from International experience is given.

1) Allocating budget to the measure for the real revitalization of Japan to recover Japan’s economy and society 2) Reviewing the existing budget based on the result of evaluation by the Policy Proposing Type Screening 3) Reducing public sector’s waste thoroughly 4) Following the...

This week, the finance minister presents a statement to Parliament of how much money the central government expects to raise in the next financial year, and how it will spend that money. The budget speech is also used by the government to propose other policy measures. In this primer the paces...

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficulties in calibrating reforms due to institutional constraints. This paper details the evolution of...

The challenge to the tax system to expand both the revenue base and progressively bring into the net larger number of taxpayers remains as daunting as ever. The object is not to ignore the generally beneficial impact of deregulation and tax friendly measures in providing a more conducive...

Budget speech by finance minister of Karnataka

The Asia and Pacific region and Latin America and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. Most recently, a number of forums explored the possibility of closing such gaps and linking the...

The rapid decline in mortality rates, rendered possible by the spread of modern medicine and public health services, and the high and unchanging fertility rates are generally considered portents of imminent population explosions in many underdeveloped countries of Asia and Latin America. The...

Review of Vincent C. Peloso(ed) Work, Protest, and Identity in Twentieth-Century Latin America, Jaguar Books on Latin America Series. The book is obviously designed for those teaching courses on 20th century labour movements, providing both suggested readings and suggested films in the field,...