Inequality, Jobs, Hunger: Why You Should Care About the Union Budget
This budget is the last chance for course correction for the Modi regime. It is going to be a test of who the government sides with, the 90% citizens of the country or the...
Electoral Bonds: Or the Story of How the Rich Buy Their Way Up
The electoral bonds scam has opened up the complex nexus between business and politics, making it visible for all to see – how favours are earned and exchanged by the top 1% even as...
സാമ്പത്തിക പ്രതിസന്ധിയില് മുങ്ങുമോ കേരള മോഡല്?
സാമ്പത്തിക പ്രതിസന്ധിയെക്കുറിച്ച് വലിയ ചര്ച്ചകള് തുടങ്ങും മുമ്പ് ഖജനാവിലെ ഞെരുക്കം ആദ്യം ബാധിക്കുന്നത് ആരെയെന്ന് തിരിച്ചറിയേണ്ടതുണ്ട്.
Federalism Under Attack; Will The State Wither Away?
India is a federal union of states. Without the states there is no union.
Just taxation: An infographic
It’s time to tax the wealthy and bridge inequalities
By all accounts, India is considered one of the most unequal countries in the world, and inequality has been on the rise in recent years.
Why society should be concerned about inequality and poverty
Recently, after my talk on the current economic situation in India at a private university, I was asked, why those students should be concerned about inequality and poverty.
Black hole of public finance: Unequal fiscal burden on citizens
73% of the wealth generated in India in 2017 went to the richest 1%, while the poorest half of the population saw only a 1% increase in their wealth.
The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?
For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...
When less than 4% of Indian dollar millionaires pay income tax
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
How the row over ‘freebies’ hides India’s failure to meet the basic needs of its citizens
While it targets welfare schemes, the Union government has also written off crores in outstanding loans for India’s rich and given huge corporate tax rebates.
Windfall tax on corporations goes as 5% GST on food items kicks in
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax on oil exports on July 19th – 19 days after it was imposed – with effect from July...
Worshipping Ambani, Adani? Lower tax for the rich ‘means’ higher tax for the poor
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
Why low tax for the rich means high tax & lower Govt support for the poor
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
Understanding Goods and Service Tax (GST), its Impact and Implications
Conversations on Finance Understanding Goods and Service Tax (GST), its impact and implications GST, as a concept, introduced by the UPA government in the budget speech by Chidambaram, is a reality today. Pranab Mukherjee,...
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