TAXATION AS A TOOL FOR EQUITABLE ECONOMIC DEVELOPMENT: AN ANALYTICAL STUDY OF INDIA'S FISCAL FRAMEWORK
Fuente:
Zenodo
Enregistré dans:
| Auteur principal: | |
|---|---|
| Format: | Recurso digital |
| Publié: |
Zenodo
2025
|
| Accès en ligne: | |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|
| _version_ | 1866902014571577344 |
|---|---|
| author | Nikita Shewale & Dr. Usha Bhandare |
| author_facet | Nikita Shewale & Dr. Usha Bhandare |
| contents | <div> <p><em><span>Taxation plays a central role in shaping economic equity and promoting inclusive development in any nation. In a country like India, where income disparities persist despite robust economic growth, the tax system becomes a vital instrument for redistributing wealth and fostering socio-economic justice. This paper examines the Indian fiscal framework and its effectiveness in achieving equitable economic development. Through an analytical and descriptive approach, the study explores the progressivity of direct taxes, the regressive tendencies of indirect taxes, and the redistributive impact of fiscal transfers. It also evaluates tax reforms such as the Goods and Services Tax (GST) and the Direct Tax Code in light of equity principles. Using secondary data from government reports and international studies, the paper proposes a conceptual model demonstrating how an equitable tax system can balance revenue generation with inclusive growth. The study concludes that while India has made significant progress in tax modernization and compliance, structural reforms in tax policy and administration are needed to ensure that fiscal instruments truly serve the cause of equity.</span></em></p> </div> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_17987804 |
| institution | Zenodo |
| language | |
| publishDate | 2025 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | TAXATION AS A TOOL FOR EQUITABLE ECONOMIC DEVELOPMENT: AN ANALYTICAL STUDY OF INDIA'S FISCAL FRAMEWORK Nikita Shewale & Dr. Usha Bhandare <div> <p><em><span>Taxation plays a central role in shaping economic equity and promoting inclusive development in any nation. In a country like India, where income disparities persist despite robust economic growth, the tax system becomes a vital instrument for redistributing wealth and fostering socio-economic justice. This paper examines the Indian fiscal framework and its effectiveness in achieving equitable economic development. Through an analytical and descriptive approach, the study explores the progressivity of direct taxes, the regressive tendencies of indirect taxes, and the redistributive impact of fiscal transfers. It also evaluates tax reforms such as the Goods and Services Tax (GST) and the Direct Tax Code in light of equity principles. Using secondary data from government reports and international studies, the paper proposes a conceptual model demonstrating how an equitable tax system can balance revenue generation with inclusive growth. The study concludes that while India has made significant progress in tax modernization and compliance, structural reforms in tax policy and administration are needed to ensure that fiscal instruments truly serve the cause of equity.</span></em></p> </div> |
| title | TAXATION AS A TOOL FOR EQUITABLE ECONOMIC DEVELOPMENT: AN ANALYTICAL STUDY OF INDIA'S FISCAL FRAMEWORK |
| url | https://doi.org/10.5281/zenodo.17987804 |