Taxes on health, excluding medicines, could rise from 8.8 per cent currently, to around 13.6 per cent - an increase of 4.8 per cent.
Moody's expects tax to be lower than the multitude of taxes such as sales tax, excise duties, local taxes, and value-added taxes the automobile sector currently pays
Political scientist Vinay Sitapati explores the role played by the then Prime Minister P V Narasimha Rao in steering the reforms through in his new book Half Lion.
West Bengal and Maharashtra, despite having fewer public sector employees, are likely to face a higher burden of salaries and pensions.
The survey covered 47,535 households in rural areas and 36,065 households in urban areas.
Higher interest rates in the US do not necessarily coincide with capital outflows.
The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.
This time there has been a rather peculiar criticism of the latest GDP numbers.
Small and medium enterprises have been struggling to raise bank credit even as they have been powering India's manufacturing growth in recent years.
Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.
Ishan Bakshi studies the Budgets of six states, their expenditure priorities and outlays to understand the trend.
The greatest disconnect lies in the estimates of industrial growth.
A new paper by blames 'jobs deficit' for the decline in female labour force.
He is widely admired for maintaining an almost military like discipline and is not known to smoke or drink
Fresh investments are constrained by tepid demand.
Govt is likely to find it hard to meet deficit target next year.
An additional 68 million women could potentially enter the labour force over the coming decade.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
In Asia-Pacific's public eye, Prime Minister Narendra Modi is below Chinese President Xi Jinping and Japan's Shinzo Abe, according a survey
Pradhan Mantri Awas Yojana envisages housing to 20 mn households by 2022.
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