Overall tax incidence on cigarettes will touch 77% from Feb 1. The aim is to prevent revenue erosion as GST compensation cess ends, and ensure that sin goods are taxed based on their public health impact. Its success will depend on how producers adjust prices and pack sizes, and consumer response...
A small, wealthy minority controls a disproportionate share of farm income, while the political narrative continues to be framed as if all farmers need to be tax-exempted. Advances in digital infrastructure have made targeted and technology-driven taxation feasible, with political will now the primary obstacle rather than administrative capacity. Allowing tax exemptions to persist despite rising inequality risks deepening social discontent and undermining the legitimacy of India’s growth model.
India’s urban transformation is often framed as a story of rising aspirations and expanding opportunity. Yet, the health systems serving these cities tell a different story. PRICE’s analysis of its ICE 360 data (2023), combined with findings of the latest National Family Health Survey (NFHS), reveals an urban health ecosystem that is increasingly...
India’s federal structure rests on a delicate balance between the Centre’s revenue-raising powers and the States’ expenditure responsibilities. In theory, larger and more populous states should possess stronger fiscal capacity, given their vast consumption base, economic diversity, and administrative reach. In practice, however, many of these states...
The election results grant Bihar political stability and an opportunity that mustn’t be squandered. It must turn its fragmented schemes into a coherent strategy drawn from global evidence and local realism. The key is to focus on a few basic...
