000			01482naa a2200205uu 4500
001			9572
003			OSt
005			20190211154743.0
008			021226s2005 xx ||||gr |0|| 0 eng d
100	1		_aPETER, Vasanthi Monsingh _98344
245	1	0	_aTax policy in India
260			_cjun.2002
520	3		_aThe tax reforms of recent years in India are based on Chelliah's recommendations of simple broad-based taxes with a moderate and limited number of rates. The reduction in direct tax rates in the economy has not only increased revenue collection but also accelerated economic growth. This article aims to investigate the effect of India's tax policy on private capital formation. A time series analysis of data for the economy for the period 1950-51 to 1994-95 reveals that a one percent increase in the direct tax ratio has led to a reduction of 0.12 percent in the ratio of private capital formation to GDP. The article also examines whether there is any gain in opting for an expenditure tax to promote savings and captial formation inthe economy. The major problem facing the Indian direct tax system is evasion of income taxes. The article concludes that an expenditure tax is a poweful to combat evasion
700	1		_aKERR, Ian A _918863
700	1		_aThorpe, Michael _918864
773	0	8	_tThe Asian Journal of Public Administration _g24, 1, p. 111-138 _d, jun.2002 _w
942			_cS
998			_a20021226 _bLucima _cLucimara
998			_a20060526 _b1016^b _cQuiteria
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c9711 _d9711
041			_aeng