The Tax System in India: Could Reform Spur Growth?
This paper assesses the effects of India''s tax system on growth, through the level and productivity of private investment. Comparison of India''s indicators of effective tax rates and tax revenue productivity with other countries shows that the Indian tax system is characterized...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/93 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper assesses the effects of India''s tax system on growth, through the level and productivity of private investment. Comparison of India''s indicators of effective tax rates and tax revenue productivity with other countries shows that the Indian tax system is characterized by: (1) a high dependence on indirect taxes, (2) low average effective tax rates and tax productivity, and (3) high marginal effective tax rates and large tax-induced distortions on investment and financing decisions. The paper finds that the most recently proposed package of reforms would improve tax productivity and lower the marginal tax burden and tax-induced distortions. But firms that rely on internal sources of funds or face problems borrowing would continue to face high marginal tax rates |
Beschreibung: | 1 Online-Ressource (22 p) |
ISBN: | 1451863535 9781451863536 |
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spelling | Poirson, Hélène Verfasser aut The Tax System in India Could Reform Spur Growth? Poirson, Hélène Washington, D.C International Monetary Fund 2006 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/93 This paper assesses the effects of India''s tax system on growth, through the level and productivity of private investment. Comparison of India''s indicators of effective tax rates and tax revenue productivity with other countries shows that the Indian tax system is characterized by: (1) a high dependence on indirect taxes, (2) low average effective tax rates and tax productivity, and (3) high marginal effective tax rates and large tax-induced distortions on investment and financing decisions. The paper finds that the most recently proposed package of reforms would improve tax productivity and lower the marginal tax burden and tax-induced distortions. But firms that rely on internal sources of funds or face problems borrowing would continue to face high marginal tax rates Online-Ausg http://elibrary.imf.org/view/IMF001/07340-9781451863536/07340-9781451863536/07340-9781451863536.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Poirson, Hélène The Tax System in India Could Reform Spur Growth? |
title | The Tax System in India Could Reform Spur Growth? |
title_auth | The Tax System in India Could Reform Spur Growth? |
title_exact_search | The Tax System in India Could Reform Spur Growth? |
title_exact_search_txtP | The Tax System in India Could Reform Spur Growth? |
title_full | The Tax System in India Could Reform Spur Growth? Poirson, Hélène |
title_fullStr | The Tax System in India Could Reform Spur Growth? Poirson, Hélène |
title_full_unstemmed | The Tax System in India Could Reform Spur Growth? Poirson, Hélène |
title_short | The Tax System in India |
title_sort | the tax system in india could reform spur growth |
title_sub | Could Reform Spur Growth? |
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