Discussion the rationale for introducing Good and services tax (GST) in India. Bring out critically the reasons for delay in roll out for its regime.

The introduction of the Goods and Services Tax (GST) in India aimed to streamline the country's indirect tax structure by replacing multiple cascading taxes such as central excise duty, service…

Continue ReadingDiscussion the rationale for introducing Good and services tax (GST) in India. Bring out critically the reasons for delay in roll out for its regime.
Read more about the article What is meaning of the term tax-expenditure? Taking housing sector as an example, discuss how it influences budgetary policies of the government.
The greenhouse gases increase due to various human activities, which leads to an increase in global warming over the course of a couple of decades. This global warming has several effects on coral ecosystems.

What is meaning of the term tax-expenditure? Taking housing sector as an example, discuss how it influences budgetary policies of the government.

Tax expenditure refers to the revenue foregone by the government due to special tax provisions or exemptions provided to certain groups or activities. Essentially, it's the amount of money the…

Continue ReadingWhat is meaning of the term tax-expenditure? Taking housing sector as an example, discuss how it influences budgetary policies of the government.

What are the reasons for introduction of Fiscal responsibility and Budget Management (FRBM) act, 2003? Discuss critically its salient features and their effectiveness.

The Fiscal Responsibility and Budget Management (FRBM) Act, 2003 was introduced in India with the aim of achieving fiscal discipline and consolidating the country's fiscal situation. Here are the primary…

Continue ReadingWhat are the reasons for introduction of Fiscal responsibility and Budget Management (FRBM) act, 2003? Discuss critically its salient features and their effectiveness.

With regard to morality of actions, one view is that means are of paramount importance and the other view is that the ends justify the means. Which view do you think is more appropriate? Justify your answer.

The debate between whether means or ends are more important in determining the morality of actions has been a longstanding ethical dilemma. Both perspectives have their merits, but ultimately, I…

Continue ReadingWith regard to morality of actions, one view is that means are of paramount importance and the other view is that the ends justify the means. Which view do you think is more appropriate? Justify your answer.