Tag - fiscal

fiscal deficit potholes

[Economy] Fiscal Consolidation, Fiscal Deficit : Meaning, Implications, Explained Why Vijay Kelkar Committee was formed?

Parts of Budget= Revenue + Expenditure Types of Budget= Deficit/Surplus/Balanced Why printing more money=Bad idea? When fiscal deficit NOT BAD? When & Why is fiscal deficit BAD? Creates inflation Black Money Bond Yield increased Crowding out investment Twin deficit hypothesis Current Account Deficit [...]

Vijay Kelkar recommendations

[Economy] Recommendations of Vijay Kelkar Committee on Fiscal Consolidation Roadmap

Observations of Vijay Kelkar Committee How to increase collection of Direct Taxes? Review DTC bill Data Mining PAN/UID Card Mandatory Create Tax profiles Charge interest rate on tax defaulters How to increase collection of Indirect Taxes? Increase the coverage of service tax Implement [...]

sub prime lending

[Economy] Fiscal Cliff: Meaning, Reasons, Implications on US and Indian Economy explained

What was Subprime crisis? What was US-Government’s response to Sub-prime crisis? What is Fiscal cliff? Why is Fiscal cliff bad for US Economy? What will be the Effect of Fiscal Cliff on India? Fiscal Cliff= new kid in the town. His parents are (1) [...]

fiscal marksmanship

[Economic Survey Ch3] Fiscal Marksmanship, Tax Buoyancy, 14th Finance Commission

Overview What Is Fiscal Marksmanship? Why Poor Fiscal Marksmanship? Steps taken in Budget 2012-13 #3: GAAR (but delayed) #4: SERVICE TAX: negative approach Issues: Tax Buoyancy Issue: COLLECTION RATES Issue: Non-Tax Revenue Issue: SUBSIDIES Public debt 14th finance commission Background: why finance Commission? [...]

Monetary Policy Committee

[Economy] Urjit Patel Committee: Fixing Accountability in RBI, Monetary Policy Committee, Decision by Majority, Fiscal Deficit (Part 2 of 2)

Prologue #2: @RBI fix accountability in monetary policy making Monetary Policy Committee MPC Decision by Majority MPC: Accountability for #EPICFails MPC: Summary #3: @Government give Cover fire to RBI #: MNREGA: #: MSP #: Fiscal Deficit #: Loan Waiver Urjit Patel: Misc recommendations [...]

Interim budget

[Economy] Current 2014 Feb Week 1: Fiscal Policy, Spectrum, Subsidies, LPG and Banking Sector (Part 1 of 3)

Prologue [Act I] Government side: Fiscal Policy, Macroeconomics India’s bogus GDP growth rate Fiscal deficit 4.8% target = Mission impossible #6? CAD & gold FATF: Desi Diamonds = Money laundering Interim budget/Vote on Account? [Subsidy] LPG: nau se baara (9 to 12) Kejriwal [...]

Budget 2015 direct taxes

[Economy Lecture] Budget 2015: Direct & Indirect Taxes, Public Debt, Fiscal Deficit & FRBM Targets

Prologue L4/P1: Fiscal policy: Direct Taxes & Budget 2015 L4/P2: Indirect Taxes, Subsidies & Capital Part of Budget 2015 L4/P3: Public Debt, Fiscal Deficit & FRBM Act Targets Prologue The economic survey related articles will be published after I’m done reading and researching myself. [...]