Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …

Tax revenues at 20% of GDP remain low compared to other Latin American countries and the OECD average and tax evasion … than households. Therefore, Colombia needs a comprehensive tax reform that boosts revenues and shifts the tax burden to … support more inclusive and green growth. Tax loopholes and exemptions that reduce the tax base and favour mainly the rich …

Reforms over the past two decades have produced a well-balanced, modern tax system. However, considerable revenues will … of total tax revenue but are levied on small tax bases, partly reflecting the distribution of income. A revenue source … less detrimental to growth is consumption taxes, which are mostly raised by the relatively broad value-added tax …

poverty. The tax-to-GDP ratio is low relative to other emerging market economies. The difficulty is to raise revenues without … denting growth or worsening inequality. Successive reforms have modernised the tax administration and increased the number of … taxpayers. Nonetheless, raising compliance is an ongoing challenge and investing in the tax administration rightly remains a …

We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … counteract the deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under the fiscal …