In an interview with TOI, IMF's first deputy managing director Gita Gopinath expressed support for a progressive tax structure. She emphasi...

BUDGET EXPECTATIONS: Narendra Modi's third-term Budget, slated for July 23, focuses on leveraging revenue growth and RBI dividends for infr...

Fiscal policy has a "major role to play" in broadening the financial gains from generative AI technology and preventing a spike in wealth i...

A World Inequality Lab study recommends India implement a wealth tax on the ultra-rich to combat wealth inequality and boost social sector ...

The controversy over Rahul Gandhi's wealth redistribution promise, accused by PM Modi of benefiting Muslims, highlights ongoing economic in...

The 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...

India's ability to attain its pre-pandemic fiscal targets is also influenced by its need to keep credit flowing to small enterprises in an ...

Some economists argue for the imposition of taxes on wealth - net wealth tax, estate tax, etc. However, their impact on the supply of entre...

"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...

Fiscal deficits will bulge all over the world, with the IMF forecasting emerging market deficits more than doubling from below 5% of GDP pr...

While the government and much of the formal sector maintain that the domestic economy is seeing a V-shaped recovery post the national lockd...

The move, confirmed by Democratic allies to the Biden campaign, will shift Treasury's focus heavily toward progressive efforts to tackle gr...

"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...

Bank of England Governor Mark Carney said the global recovery is getting stronger and broader, with wages firming and economies moving to f...

P. Chidambaram was speaking at a session organised by IIM Calcutta in association with Observer Research Foundation on economic reforms.

Building solid public finances, investing in education, cutting energy subsidies and deepening financial markets are among policies countri...

With the euro crisis likely to continue unabated, US' continuing malaise does not bode well for global growth.