Economics of Taxation B. Mishra

1. Introduction;
2. Review of literature;
3. Methodology;
4. Tax-expenditure policies;
5. Problem of resource constraint and prospects of internal resource mobilization;
6. Empirical analysis;
7. Conclusion.

This book explores the feasible methods of resources mobilization for a developing economy like India for the instrument of additional taxation measures. This book looks into the issues of fiscal anomalies of state's taxation from a broader perspective. An attempt is made in this work to apply six indicators to assess and to ascertain the efficacy of the state's tax system. The indicators, are : buoyancy and elasticity, the compound growth rate and marginal tax rate, the tax ratio and tax effort. Alternative econometric models are developed to study the tax responsiveness as well as detailed notes on the statistical methods used to apply the remaining four indicators are provided in a lucid manner.
This book studies the extent to which the revenue capacity of the state's tax system has been realized and to assess the over all success of the government measures to increase revenue potentialities of the tax system.
The present book will prove to be of immense value to the postgraduate students,research scholars, fiscal analyst,planners, policy makers, academicians and the taxation theorists. It is hoped that the book will seek to offer a guideline for further intellectual exercises on the same line.