Sign In / Register
Make This My Home Page | Feedback |RSS
Channels Astrology | Cricket | Tenders | Classified | Blogs | Shopping | Opinions | Hotel| Travel
You are here: IE »   Story

Good, bad revenue

3 Comments | Post Comment
FontLarger | Smaller
  • Print
  • Mail This Article
  • Comments
  • Add to favorites
    • The Indian Express Tags : Pranab Mukherjee, UPA, budget Posted: Saturday , Jun 27, 2009 at 0527 hrs

    The third major source of bad taxes can be customs. Integration with the world economy is central to India’s growth strategy. When India shut itself off from the world economy, it stagnated. When India opened up to the world, this brought competition and new ideas, and the country progressed. Every interference with India’s economic integration is inconsistent with India’s quest for high GDP growth. Customs duties reduce competition in India, and hold back the flow of new ideas into the economy. Customs duties, thus, must be levied judiciously.

    Single Page Format
    Previous12
    Comments
    Post comment
    View all Comments (3) |
    Some good taxes should also reduceBy: abhas | 29-Jun-2009 Reply | Forward The editor argues that 'bad taxes' explained must be reduced or be stopped in the upcomming budget speech. There are other areas that should be taken into consideration not mentioned above.The tax levied on petrol/diesel prices should be considered. More than 50% of the price of these fuels consists of taxes levied by state
    india budget - 2009By: suresh kumar | 28-Jun-2009 Reply | Forward You have outlined the important issues pertaining to economy and corporates. however, do not touch matters concerning middle and lower class citizens, farmers and employees at all. such an approach is not justified. kindly ensure all round coverage in your future editorials.
    BudgetBy: Amol Deshpande | 27-Jun-2009 Reply | Forward FBT must go. It is retrogative for Corporates. Also, Government must reduce its non planned expenditure. Fiscal decipline needs to be implemented.Its high time.
    Post a Comment
    View all Comments (3)
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.