National Institute Of Public Finance And Policy

The government needs to strike the right balance between spending on building physical and social infrastructure versus spending on short-term measures, as well as providing targeted cash transfers versus subsidies.

State FMs to elect new Chmn on Friday;discuss model GST law

The Empowered Committee of State Finance Ministers has to elect the new Chairman as K M Mani has resigned from the post subsequent to stepping down as the Kerala Finance Minister.

India exports plunge again, clouding growth outlook

While Modi aims to accelerate growth to over 8 percent in 2015-16, a global trade slowdown is undermining chances of an export-led recovery, while high interest rates and weak monsoon rains are putting the brakes on domestic demand.

GST rollout: A race against time

The National Institute of Public Finance and Policy (NIPFP), which has been entrusted with recommending on revenue neutral rates, is likely to file its report soon perhaps by this month-end.

NIPFP reworks revenue neutral rate for GST: Finmin sources

The central sales tax will be subsumed into GST plus the original states rather than manufacturing states will also have the right to levy one percent additional tax in the initial two years.

Govt must step up divestment: NIPFP

The Budget speech is likely to highlight the govt‘s decision to give states a higher share of taxes to reset centre state relations. The govt says the move will help provide an economic lift to states, economists believe the centre will find itself constrained to spend big money to pump prime the economy. Sapna Das spoke with NIPFP Director.

Union Budget 2015: Govt has limited room to ramp up public spending: NIPFP

In an interview to CNBC-TV18, Roy said the Centre needs to rationalise state plan assistance and subsidies sharply in the Budget, besides it also has to mop up revenues by a sharply accelerated disinvestment

Four factors that will decide RBI Guv's 2014 report card

The four factors that will decide RBI governor Raghuran Rajan's report card for 2014 will be inflation,monetary policy, bond-currency-derivatives nexus and Indian Financial Code.

India mismanaging its monetary & fiscal policies: NIPFP

Ajay Shah, senior fellow, NIPFP says India is mismanaging its monetary and fiscal policies. "It doesn‘t do any good to monetary policy to try to blame fiscal policy. "

Black money probe: Pranab Mukherjee to give details

Finance Minister Pranab Mukherjee is likely to table White Paper on black money in Parliament today, providing information about black money stashed abroad.