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Volume : II, Issue : VII, August - 2012 Tax Reforms in India R.V. Deshpande Published By : Laxmi Book Publication Abstract : The tax system has great positive implications for India's economy and the tax reforms
would help reduce revenue deficit and lower fiscal deficit. However, the implementation
of the tax and fiscal reforms should reduce both the tax evasion and cost compliance that
should eliminate most of the distorted behaviour coming from the tax avoidance in India
for achieving the targets of implications of the tax reforms in India. The Indian tax reform
experience can provide useful lessons for many countries due to the largeness of the
country with multilevel fiscal framework, uniqueness of the reform experience and
difficulties in calibrating reforms due to institutional constraints. Keywords : Article : Cite This Article : R.V. Deshpande, (2012). Tax Reforms in India. Indian Streams Research Journal, Vol. II, Issue. VII, http://oldisrj.lbp.world/UploadedData/1182.pdf References : - http://www.incometaxindia.gov.in/
- http://www.indiabudget.gov.in.
- M. Govinda Rao (2005) - Tax system reform in India: Achievements
- Rekha Mehta – Administration of Income Tax in India –Mangal Deep Publications, Jaipur.
- Singhania Vinod – Taxmann's Income Tax – Taxmann Publications Pvt. Ltd., New Delhi.
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