In recent years, the issue of corruption and black money in India has come to the forefront after a series of financial scandals. The creation/generation of black money - and its stashing abroad in ta
Taxes are as old as civilizations. Taxes are imposed so that a government may perform its traditional functions (defence, and maintenance of law and order), undertake welfare and developmental activit
The recently introduced Goods and Services Tax (GST) is the biggest tax reform in the fiscal history of India. After missing several deadlines and overcoming almost a decade of political differences,
After centuries of subjugation, India was a typically backward economy at the time of Independence in 1947. It exhibited the following features: (a) traditional and stagnant agriculture, (b) poor tech
