India: Selected Issues
November 4, 1998
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This Selected Issues paper on India reviews the revenue impact of tax reforms implemented by the central government since 1991. The paper highlights that since 1991, tax reforms have been an integral part of economic reforms in India. Following a blueprint laid out by a Tax Reforms Committee, the system of central government taxation has been streamlined as rates have been reduced and rationalized, while some base-broadening measures were implemented and new tax categories have been introduced. The paper also examines the issues related to foreign exchange markets.
Subject: Banking, Commercial banks, Currency markets, Financial institutions, Financial markets, Foreign banks, Revenue administration, State-owned banks
Keywords: a number of export sector, Asia and Pacific, asset portfolio, Commercial banks, CR, Currency markets, exchange rate, excise tax, Foreign banks, foreign exchange market, Global, ISCR, market, Middle East, NBFC sector, Nonbank finance company, public sector bank, REER, rupee, Southeast Asia, State-owned banks
Pages:
144
Volume:
1998
DOI:
Issue:
112
Series:
Country Report No. 1998/112
Stock No:
1INDEA0011998
ISBN:
9781451818536
ISSN:
1934-7685
