dc.contributor.author | Dholakia, Ravindra H. | |
dc.contributor.author | Dholakia, Bakul H. | |
dc.date.accessioned | 2010-09-23T08:49:28Z | |
dc.date.available | 2010-09-23T08:49:28Z | |
dc.date.copyright | 1987 | |
dc.date.issued | 1987-09-23T08:49:28Z | |
dc.identifier.uri | http://hdl.handle.net/11718/8957 | |
dc.description | Economic and Political Weekly, Vol. 22, Issue No. 29, 18 Jul, 1987 | en |
dc.description.abstract | V N KOTHARI (EPW,i February 21) argues
that the income tax base in India is being
eroded in the name of tax concessions as
incentives for savings. On the basis of a
broad analysis of the income tax/GDP ratio
and some limited hypothetical arguments,
he reaches a very serious conclusion that "by
extending exemptions to the principal
amount invested in particular forms such as
the NSC, we have resorted to a costly and
inequitous method of borrowing. A full or
partial exemption of interest income would
have been enough". Considering the profound
implications of his conclusions,
a detailed scrutiny of his arguments is
imperative. | |
dc.language.iso | en | en |
dc.subject | Income Tax | en |
dc.subject | Equity | en |
dc.subject | Growth | en |
dc.subject | Tax | en |
dc.title | Income tax concessions : implications for equity and growth of tax base | en |
dc.type | Article | en |