Tagged: Arun Jaitely

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Union Budget 2017–18: How Kerala Fared?

By Deepthi Mary Mathew* Kerala’s polity was highly critical of demonetisation, perhaps, more than that of any other state in the country. The fiscal situation in Kerala, already challenged by fiscal distress, worsened following...

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Doubling Farmers’ Income – Are the Claims True?

By Lekshmi R Nair* Agriculture provides the principal means of livelihood to around 58 per cent of rural households and contributes to 18 per cent of the Gross Domestic Product (GDP) in India. However,...

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India’s Defence Budget: Advance or Retreat?

By Vinny Davis* The hyped Union Budget 2017–18 is being adjudged as a delicate balancing act of the Central Government. Focusing on foundational requisites like poverty alleviation, infrastructure and rural employment, the Government has...

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Fiscal Stimulus or Fiscal Discipline?

By Deepthi Mary Mathew* The Union Budget 2017–18 is unique in many ways. It will be the first budget after the unprecedented demonetisation and will be presented on the first working day of February....

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Taxing Capital Gains in India

By Deepthi Mary Mathew* Prime Minister Narendra Modi signalling the introduction of capital gains tax on equities has caused a tremble in the stock market. He puts forward the argument that profits from the...

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All Eyes on GST: How Will Kerala Benefit?

By Dr Martin Patrick* The implementation of the long-pending indirect tax reform – Goods and Services Tax (GST) – has become closer to reality with the passing of the GST Constitutional Amendment Bill in the Rajya...