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Opinions
Govt's war on black money will not be complete unless tax evasion by big corporates is curbed
Happy Pant
Exactly a year ago, when the government banned the high-value currency notes declaring that the move will curb the size of black economy in the country, many people hoped that ‘’short term pain...
Demonetisation dealt a body blow to agriculture; govt should find holistic solution to farmer debt issue
Sona Mitra
Last year, on 8 November, Prime Minister Narendra Modi announced the obsolescence of two high value paper currency, Rs 1,000 and Rs 500 notes, constituting 86 percent of the total cash money in...
Asia’s Regional Tax Wars Indicate That It’s Time to Review Tax Incentives
Sakshi Rai
Revelations like the Panama Papers, Bahamas leaks and the recent Azerbaijani Laundromat scandal have seen countries adopting “global” transparency standards endorsed by the OECD and G20....
How Gorakhpur was choked
Abhay Shukla, Ravi Duggal and Richa Chintan
Discussion on the recent tragic deaths of children in the BRD Medical College Hospital at Gorakhpur has, so far, been focussed on the apparent immediate cause — the interruption of oxygen supply to...
Is Hong Kong's Reputation for Financial Secrecy About to Change?
Neeti Biyani
Hong Kong is currently one of the fastest growing international financial centers in the world. Between 2008 and 2013, Hong Kong’s wealth management industry witnessed a growth rate of 146 per...
India’s Transparency Reforms to Curb Illicit Financial Flows
Neeti Biyani
Domestic resource mobilization is crucial for a state to finance development, provide social security and redistribute wealth. The Sustainable Development Goals (SDGs) regard domestic revenue as...
Transparency in Corporate Ownership Key to Breaking India’s Financial Secrecy
Sakshi Rai
Financial secrecy deprives countries, especially developing ones, of key revenue resources by eroding their tax base. India must thus build a robust legal system to lift the veil of secrecy on both...
Is the Union budget still relevant?
Happy Pant
Concerns are being expressed over important economic decisions being taken outside the process of budget formulation. The Union Budget, also referred to as the annual financial statement, is a...
Budgeting for quality education
Protiva Kundu
A long-term policy on teachers’ appointment and teacher’s training, backed by increased spending, is needed. The Union Budget 2017-18 has not shown imagination in planning for many sectors,...
Women’s safety: More rhetoric than reality
Kanika Kaul
Without adequate central funding for the schemes for women’s safety in the Budget, implementation will suffer. The need to address the high levels of crime against women in different parts of...
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