In effect, India’s tax system mimics advanced economies in numbers but lacks the redistributive structure of the progressive nations.The World Economic Forum (WEF) has described severe income inequality as the biggest risk facing the...
In a country like India, where millions hover between poverty and fragile middle-class dreams, every bad loan is more than a financial misstep – it’s a broken promise. The Reserve Bank of India’s (RBI’s)...
These are all major schemes and essential programmes that many marginalised communities rely on.
Despite this significant increase, the proportion of the total railway budget allocated to safety has remained stagnant and even declined since 2018-19 when measured as a percentage of total railway expenditure. While it may...
The skewed trend of individual income tax payers contributing more to the union government’s coffers than corporates has its basis in the tax break given to corporates five years ago. The Budget at a...
As the country gears up for the presentation of the Budget for the financial year (FY) 2024-25, the economic survey for 2023-24, tabled by Union finance minister Nirmala Sitharaman is key to understanding what...
