( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

Impact Factor* - 6.2311


**Need Help in Content editing, Data Analysis.

Research Gateway

Adv For Editing Content

   No of Download : 42    Submit Your Rating     Cite This   Download        Certificate

OLD REGIME AND NEW REGIME OF INCOME TAX: A COMPARATIVE CASE STUDY

    1 Author(s):  KARTICK BISWAS

Vol -  12, Issue- 7 ,         Page(s) : 149 - 164  (2021 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

When policymakers seek to influence an economy, they have two main tools at their disposal - monetary policy and fiscal policy. Fiscal policy plays a dynamic role in developing and underdeveloped countries. It means the use of taxation, public borrowings and public expenditure by the government of a nation to promote strong and sustainable growth and reduce poverty. Of all the means taxation is the most effective instrument of fiscal policy. A budget surplus may be achieved through higher prices and tax rates. So the actual efficacy of fiscal policy will depend on the country’s tax structure.

Law and Practice of Direct and Indirect Taxes- Dr. C.H.Sengupta
Research Methodology- C.R.Kothari. 
The Economics of Development and Planning- M.L.Jhingan
Higher Secondary Business Economics and Business Mathematics- Jaydeb Sarkhel. 
Taxation for Students—Sanjay Mundhra and Vikash Mundhra

*Contents are provided by Authors of articles. Please contact us if you having any query.






Bank Details