Measuring Accuracy of Projections of Central Taxes by the Finance Commission
Published By: MSE on eSS | Published Date: May, 22 , 2010This paper looks at the quality of forecasts/assessments made by some
of the recent Finance Commissions for the shareable central taxes and
own tax revenues of selected states. The Commissions covered under
this analysis are Ninth to Twelfth Finance Commissions. It is observed
that while direct taxes are underestimated in general, revenues from
indirect taxes partially Union excise duties and custom duties have been
over estimated. [Working Paper No. 52/2010] URL: [http://www.mse.ac.in/pub/working%20paper%2052.pdf]
Author(s): D K Srivastava, C Bhujanga Rao | Posted on: Feb 22, 2011 | Views(1088) | Download (161)