04241oam 22010814 450 991096463570332120250426110626.0978661382833097814623195411462319548978145199844314519984499781283515887128351588197814519912911451991290(CKB)3360000000443761(EBL)3014437(SSID)ssj0000939939(PQKBManifestationID)11491940(PQKBTitleCode)TC0000939939(PQKBWorkID)10938813(PQKB)11589989(OCoLC)694141087(MiAaPQ)EBC3014437(IMF)WPIEE2006093(IMF)WPIEA2006093WPIEA2006093(EXLCZ)99336000000044376120020129d2006 uf 0engur|n|---|||||txtccrThe Tax System in India : Could Reform Spur Growth? /Hélène Poirson1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (24 p.)IMF Working Papers"April 2006."9781451863536 1451863535 Includes bibliographical references.""Contents""; ""I. INTRODUCTION AND OVERVIEW""; ""II. THE INDIAN TAX SYSTEM: STYLIZED FACTS AND ISSUES ""; ""III. PRIORITIES FOR REFORMS""; ""References""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.IMF Working Papers; Working Paper ;No. 2006/093TaxationLaw and legislationIndiaTaxationIndiaBusiness Taxes and SubsidiesimfConsumption taxesimfCorporate & business taximfCorporate income taximfCorporate TaxationimfCorporationsimfIncome and capital gains taxesimfIncome tax systemsimfIncome taximfPersonal Income and Other Nonbusiness Taxes and SubsidiesimfPublic finance & taxationimfPublic FinanceimfRevenue administrationimfRevenueimfSpendings taximfTaxationimfTaxation, Subsidies, and Revenue: GeneralimfIndiaimfTaxationLaw and legislationTaxationBusiness Taxes and SubsidiesConsumption taxesCorporate & business taxCorporate income taxCorporate TaxationCorporationsIncome and capital gains taxesIncome tax systemsIncome taxPersonal Income and Other Nonbusiness Taxes and SubsidiesPublic finance & taxationPublic FinanceRevenue administrationRevenueSpendings taxTaxationTaxation, Subsidies, and Revenue: GeneralPoirson Hélène1082608International Monetary Fund.Asia and Pacific Dept.DcWaIMFBOOK9910964635703321The Tax System in India4372571UNINA