R Kavita Rao

Are non-financial firms' financial investments here to stay, or at risk?

There are two ways of looking at this problem - first, has the composition of reported income changed? And second, has the composition of assets changed?

Rising passive incomes: Companies favour financial investments over assets

A shift in focus towards private investment is required to sustain the growth momentum. This should be a concern for policymakers

State-level integration under GST shows modest gains in post-Covid period

This change in the design of the tax regime was argued to shift the revenue to consuming states from producing states

Tax reform dilemmas: Taxing agri, adjusting exemptions key to fairness

Any proposed reforms, therefore, need to be analysed from this perspective as well

Capital gains tax reforms in context

The budgetary provisions on the taxation of capital gains could help foster change in trading behaviour and address inequality

Decentralisation: India's struggle with persistent challenges

To push the decentralisation project forward, the first step is to create and distribute information on the activities and finances of local bodies

Interim Budget 2024-25: A confident and optimistic report

In a Budget celebrating the achievements in the last decade, there are few announcements with any fiscal magnitude attached