Changing Tax Capacity and Tax Effort of Indian States in the Era of High Economic Growth, 2001-2014
Published By: National Institute of Public Finance and Policy | Published Date: May, 19 , 2017Growing demand for public expenditures, limitations in expanding fiscal space and limited scope to deviate from common harmonized tax system under the proposed Goods and Services Tax (GST) regime may induce the states to look for opportunities to expand revenue mobilization through alternative channels (e.g. nontax revenue mobilization). An assessment of the existing tax efficiency (or tax effort) and strengthening tax administration could be one of such alternatives available for states to pursue. Tax administration is as important as tax base to augment revenues of a state.
Author(s): Sacchidananda Mukherjee | Posted on: May 25, 2017 | Views() | Download (427)