TY - JOUR
T1 - Personal Income Tax in India: Alternative Structures and Their Redistributive Effects
AU - Nayak, Pulin B
AU - Paul, Satya
PY - 1988
Y1 - 1988
N2 - Quite apart from its role of raising revenue, the personal income tax has long been regarded as a potent weapon of effecting distributive justice. This paper examines, first, the structure of personal income tax in India to check the extent of progressivity inherent in its structure and, second, the re-distributive effects of alternate income tax schedules that are (i) simpler in their structure (ii) earn no less aggregate revenue, and (iii) are in consonance with the current thinking in taxation, in that the top marginal tax rates are not too high.
AB - Quite apart from its role of raising revenue, the personal income tax has long been regarded as a potent weapon of effecting distributive justice. This paper examines, first, the structure of personal income tax in India to check the extent of progressivity inherent in its structure and, second, the re-distributive effects of alternate income tax schedules that are (i) simpler in their structure (ii) earn no less aggregate revenue, and (iii) are in consonance with the current thinking in taxation, in that the top marginal tax rates are not too high.
U2 - publication/301794533_Nayak_P_and_Paul_S_1988_Personal_Income_Tax_in_India_Alternative_Structures_and_Their_Redistributive_Effects_Economic_and_Political_Weekly_Vol_XX1V_No5_pp_2779-83
DO - publication/301794533_Nayak_P_and_Paul_S_1988_Personal_Income_Tax_in_India_Alternative_Structures_and_Their_Redistributive_Effects_Economic_and_Political_Weekly_Vol_XX1V_No5_pp_2779-83
M3 - Article
VL - XX1V
SP - 2779
EP - 2783
JO - Economic and Political Weekly
JF - Economic and Political Weekly
IS - 5
ER -