Economic Studies
International North-South Transit Corridor

Transit Corridors Iran’s geographical location and proximity to India, make it an ideal transit hub for reaching Russia and CIS countries. The country is politically stable. It is also a fast growing economy. Its GDP is expected to grow b....

The Brazil, Russia, India, China and South Africa (BRICS) Grouping: Reflections

On the eve of the BRICS summit in Goa on October 15/16 some reflections on the potential force and the inherent limitations of the grouping would be in order. BRICS as a concept does hold enormous potential to counter the enduring hegemony of the Wes....

वस्तु एवं सेवा कर नेटवर्क (जीएसटीएन): सावधानी पूर्वक बढ़ना चाहिए

कराधान की एक नई व्यवस्था वस्तु एवं सेवा कर (जीएसटी) एक विस्तृत आधार वाली, व्यापक, एकल अप्रत्य....

Women ask: Where are our Trillion Dollar output?

Whenever some visitors asked my elder sister, “Do you work?”, she used to be amused. She used to say, “What else I do from 5 am to 10 pm every day”. For most people household work is not considered as ‘work’. It is not included in computi....

Big Business and Small Families

Throughout sixties/seventies advertisements in print and visual media in the west projected “happy” families consist of husband /wife one boy one girl may be a dog. Happy family will not have mother-in-laws or sisters-in-laws, leave alone aged pa....

Goods and Services Tax Network (GSTN): Caution Should be the Key Word

A New Regime of Taxation Goods and Services Tax (GST) is a broad-based, comprehensive, single indirect tax which will be levied concurrently on goods and services across India. It will replace most of the Central and State indirect taxes su....

Brexit And End of Globalisation

When Britain voted to leave the European Union ( called British Exit or Brexit) the Dutch Prime minister Mark Rutte said “England has collapsed politically, constitutionally and economically.” He wasn't wrong. The vote by Britain has also impacte....

Analysis of Recent Trends in China’s Economy

In the wake of recent downward trend in China’s economy, there have been a spate of articles and analyses predicting its early doom. However, It does seem unreasonable to postulate that an economy with over 71 per cent labour force participation, a....

Considering the Investor-State Dispute Settlement Provisions under the Trans-Pacific Partnership

Introduction In today's day and age, international trade and economic cooperation is considered the norm rather than the exception, especially with the rise of organizations such as the WTO. However, rather than diving headlong into the wor....

Direct Taxes - Agriculture Income: A Black hole

The government has at last released some tax numbers but not fully as it used to publish under All India income Tax statistics till 2000. A total of 2.87 crore individuals filed income tax returns in 2012-13, but 1.62 crore of them did not pay any ta....

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