Tax and Economic reforms in Jammu and Kashmir

Tax and Economic Reforms in Jammu and Kashmir Economic Reforms In India were introduced in the year 1991. The reforms necessarily laid there influence on every state of the country and its every economic sector. The effect of India’s economic reforms on economic performance has been the subject of much academic study and public debate … Read more

KERALA PUBLIC FINANCE AND FISCAL POLICY

  Kerala economy is grappling with 3 necessary issues; one is the reduction within the share of agriculture and allied sectors and sluggish performance of Industrial Sector in State income. The third is that the severe resource crunch faced by the state for endeavour development expenditure. In 2004-05, the share of agriculture and business in … Read more

West Bengal: Tax and Economic Reforms

West Bengal: Tax and Economic Reforms During the last two decades West Bengal has led the rest of the country with regard to agricultural performance and implementation of panchayat institutions. But these developments have begun to level out. At the same time the state has fallen behind in other sectors–Industry, higher Education and state of … Read more

Punjab Public Finance and fiscal Policy

Punjab PUBLIC FINANCE and Fiscal Policy:- Introduction Punjab economy was India’s leading state economy during the pre-reforms era, especially after the Green Revolution. Thus, Punjab acquired the status of being the most vibrant and prosperous state. Over a long period, Punjab remained at the first position in terms of per-capita income. The state has lost … Read more

Utilization of public fund

Utilization of public fund Intergovernmental transfers from the centre to the states takes place through three channels: statutory and other transfers mandated by the Finance Commission, formula-based transfers for State Plan Schemes through the Planning Commission, and other discretionary transfers by the Planning Commission/ various central Ministries. The entire tax sharing is a part of … Read more

GST and its implications

What is GST? Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of sale or purchase in the supply chain. The system … Read more

Public Service Act and its implications.

Delivering public Services in a time bound, decentralised and citizen friendly manner has been one of the major challenges facing the administration wing of the government.Right To Service legislation in India comprises statutory laws which guarantee time-bound delivery of various public services rendered to citizens and provides mechanism for punishing the errant public servant if … Read more

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