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POST FISCAL INEQUALITY
The myth of India’s extreme inequality: What the data gets wrongRecent studies reveal a misrepresentation of income inequality in India, challenging the commonly accepted pre-tax Gini coefficient of 0.61...- Budget 2026 lacks policy vision, offers no solutions: Mallikarjun KhargeCongress leader Mallikarjun Kharge has criticised the Union Budget for 2026-27. He stated the Modi government has run out of ideas. The bud...
- Disappointing Q2 GDP numbers aren't a blip but clear slowdown in economy, claims CongressCongress claims that India's Q2 GDP growth slowdown indicates a deeper economic issue, not just a temporary blip. They highlight limited jo...
- IMF's Gita Gopinath supports ‘progressive taxation’, flags wealth tax complexitiesIn an interview with TOI, IMF's first deputy managing director Gita Gopinath expressed support for a progressive tax structure. She emphasi...
- Union Budget 2024 will likely focus on women, middle-class and agri sectorBUDGET EXPECTATIONS: Narendra Modi's third-term Budget, slated for July 23, focuses on leveraging revenue growth and RBI dividends for infr...
- IMF calls for stronger social safety net to 'broaden' gains from AIFiscal policy has a "major role to play" in broadening the financial gains from generative AI technology and preventing a spike in wealth i...
- Study suggests India should impose wealth tax on the ultra-rich to tackle wealth inequalityA World Inequality Lab study recommends India implement a wealth tax on the ultra-rich to combat wealth inequality and boost social sector ...
- Wealth redistribution: The economics behind Rahul Gandhi's 'Robin Hood' ideaThe controversy over Rahul Gandhi's wealth redistribution promise, accused by PM Modi of benefiting Muslims, highlights ongoing economic in...
- 'Headline numbers' overstated by full percentage point: Congress on Q1 GDP growthThe Congress party has alleged that the GDP numbers for the first quarter of the current fiscal are overstated by 1%, due to the price defl...
- Competitive populism bad for India's healthIndia's ability to attain its pre-pandemic fiscal targets is also influenced by its need to keep credit flowing to small enterprises in an ...
- Yashwant Sinha labels Union Budget as 'incomplete'At a post-budget analysis at Merchants' Chamber of Commerce, the former BJP leader who has joined the Trinamool Congress also alleged that ...
- View: Long-term growth can be attained when India’s multiple growth stories meetSome economists argue for the imposition of taxes on wealth - net wealth tax, estate tax, etc. However, their impact on the supply of entre...
- SMEs to gain if govt scraps some taxes for now: Abhijit Banerjee"One of the ideas kicking around is creating a moment of sale, just remove sales tax temporarily and have kind of a VAT window, and get con...
- All hands need to be on deck to shake off effects of Covid-19: Sajjid Z Chinoy, JP MorganFiscal deficits will bulge all over the world, with the IMF forecasting emerging market deficits more than doubling from below 5% of GDP pr...
- Economic Survey drops a hint if Budget will bring Covid cess, tax on ultra-HNIsWhile the government and much of the formal sector maintain that the domestic economy is seeing a V-shaped recovery post the national lockd...
- Joe Biden to name Janet Yellen to Treasury to lead U.S. from sharp economic downturnThe move, confirmed by Democratic allies to the Biden campaign, will shift Treasury's focus heavily toward progressive efforts to tackle gr...
- Period of lockdown, global recession, changes in consumer behaviour to shape economic activity: D&B"As countries are providing stimulus, it remains to be seen how much the loss in the economic activity gets recovered, to what extent the i...
- Global economy is in sweet spot, but risks remain: IMFBank of England Governor Mark Carney said the global recovery is getting stronger and broader, with wages firming and economies moving to f...
- Can't build prosperous society unless India is tolerant: P. ChidambaramP. Chidambaram was speaking at a session organised by IIM Calcutta in association with Observer Research Foundation on economic reforms.
- As Barack Obama returns to White House, Americans will hope for strong ‘jobs’ billWith the euro crisis likely to continue unabated, US' continuing malaise does not bode well for global growth.
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