India can learn a lot from its experience in managing cash – getting a billion people what they need can be planned effectively. A vaccine for Covid-19 is expected to come sometime over the next few months – hopefully in this year. Once a vaccine is available, getting it to India’s billion plus people is a logistical challenge with many moral and ethical questions … Read More Getting the vaccine to a billion plus people
Budget 2020 cares for people’s economic aspirations, says Axis Bank’s Akhilesh Tilotia. India’s response to its dilemma will determine whether budgets of the next decade will have larger incomes to tax or larger taxes on incomes. This Budget Speech of the finance minister was one of the longest in recent history. Her previous Budget speech in July last year was around 11,000 words. This … Read More Larger incomes to tax or larger taxes on incomes?
As the Centre and States try to find GST compensation cess monies, it is time to look beyond the present, to see how the future could unfold for State finances. The financial relationship between states and the Centre has been in news recently. The Fifteenth Finance Commission submitted its report to the president; there have been some delays in payment of the GST compensation … Read More State finances: Finding the monies
Akhilesh Tilotia 