Download or read book Stamp Duties in Indian States written by James Alm and published by World Bank Publications. This book was released on 2004 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evidence indicates that the current high duty rates, coupled with weak tax administration, lead to widespread evasion of the tax through underdeclaration. This underdeclaration of property values directly affects collection of other taxes, among them, property taxes and capital gains tax. Moreover, it indirectly affects the collection of all taxes through the impact of underdeclaration on the circulation of black money. Simulations indicate that revenues lost due to a lowering of stamp duty rates closer to international levels are quite likely to be recovered in higher collections of other taxes. However, these taxes would at least in part be collected by other levels of government. So reform could be made a more viable option through appropriately designed intergovernmental transfers.

Download or read book Stamp Duties in Indian States written by James Alm and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors review the options for reform of stamp duties on immovable property transfers collected by Indian state governments. After briefly reviewing some of the many administrative difficulties experienced with the tax, they turn to an examination of its economic impacts. A review of stamp duties internationally indicates that Indian rates are exceptionally high, at rates often above 10 percent. Most countries' rates are less than 5 percent, including a number of low and middle-income developing countries. With these high rates, the authors find that while the tax has become the third largest revenue source for many Indian states, it imposes high compliance costs on taxpayers, has been subject to a good deal of evasion and fraud, and the distortionary impacts appear to be large, reducing the responsiveness of real estate markets in Indian cities by discouraging transactions essential to the efficient growth of cities. The authors then study the revenue implications of lowering stamp duty rates, which need to be understood if reform is to be viable. Evidence indicates that the current high duty rates, coupled with weak tax administration, lead to widespread evasion of the tax through under-declaration. This under-declaration of property values directly affects collection of other taxes, among them, property taxes and capital gains tax. Moreover, it indirectly affects the collection of all taxes through the impact of under-declaration on the circulation of black money. Simulations indicate that revenues lost due to a lowering of stamp duty rates closer to international levels are quite likely to be recovered in higher collections of other taxes. However, these taxes would at least in part be collected by other levels of government. So reform could be made a more viable option through appropriately designed intergovernmental transfers.

Download or read book The Court Fee and Revenue Stamps of the Princely States of India The adhesive stamps written by Adolph Koeppel and published by . This book was released on 1983 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax Performance in Indian States written by Biswadeb Chatterjee and published by Mittal Publications. This book was released on 1997 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Stamp written by Nikolay Malyavin and published by Bookbaby. This book was released on 2023-07-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a story of a young man who is given clues to find the missing money by a hedge fund manager who has been convicted of running a Ponzi scheme.

Download or read book Taxes on Immovable Property written by Organisation for Economic Co-operation and Development. Committee on Fiscal Affairs and published by Paris, France : Organisation for Economic Co-operation and Development ; [Washington, D.C. : Sales agents, OECD Publications and Information Center]. This book was released on 1983 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Survey of taxes on immovable property. Reviews the major policy issues raised in the taxation of land and buildings and compares the main provision of property tax systems in 15 OECD Member countries.

Download or read book The Stamp Act Crisis written by Edmund S. Morgan and published by UNC Press Books. This book was released on 2011-01-20 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Impressive! . . . The authors have given us a searching account of the crisis and provided some memorable portraits of officials in America impaled on the dilemma of having to enforce a measure which they themselves opposed.'--New York Times 'A brilliant contribution to the colonial field. Combining great industry, astute scholarship, and a vivid style, the authors have sought 'to recreate two years of American history.' They have succeeded admirably.'--William and Mary Quarterly 'Required reading for anyone interested in those eventful years preceding the American Revolution.'--Political Science Quarterly The Stamp Act, the first direct tax on the American colonies, provoked an immediate and violent response. The Stamp Act Crisis, originally published by UNC Press in 1953, identifies the issues that caused the confrontation and explores the ways in which the conflict was a prelude to the American Revolution.

Download or read book India Its State and Prospects written by Edward Thornton (of the East India House.) and published by . This book was released on 1835 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxmann s Analysis Evolving Stamp Duty Laws A Closer Look at the Proposed Changes in the Indian Stamp Act 1899 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-01-23 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Signification changes have been proposed in India's Stamp Duty Laws in the Draft Indian Stamp Bill, 2023 (Bill). Below is a breakdown of the major proposals and amendments in the Bill: ‣ Introduction of Electronic Stamps – Clause 2(18) introduces electronic stamps to facilitate digital transactions, marking a significant step towards modernizing the system ‣ Defining 'India' Post Article 370 Abrogation – The Bill, under Clause 2(19), redefines the geographical scope of 'India' in light of the abrogation of Article 370 ‣ Inclusion of Electronic Records in 'Instrument' Definition – Clause 2(20) expands the definition of 'Instrument' to include electronic records, reflecting the growing digitalization of documents ‣ Expansion of Lease Definition – The definition of 'lease' has been proposed to be expanded to include various agreements, such as any agreement of lease, any mining license or mining lease, and any leave and license agreement ‣ Revised Criteria for 'Market Value' Determination – Clause 2(25) revises the criteria to determine the 'Market Value' of properties, aiming to ensure fair valuation practices ‣ Special Economic Zones Exemptions – Clause 3 provides specific exemptions for transactions within Special Economic Zones ‣ Extension of Section 4’s applicability to Gift and Lease Transactions – Clause 4 extends Section 4's applicability to include gift and lease transactions, broadening the scope of stamp duty. ‣ Increased Stamp Duty for Duplicate Instruments – Clause 6 addresses the stamp duty implications for duplicate instruments, increasing the duty to discourage unnecessary duplication ‣ Clarification on Stamp Duty for Gift Deeds – Clause 39 provides clarity on the stamp duty liability associated with Gift Deeds ‣ Higher Threshold for Revenue-Stamped Receipts – The monetary threshold for issuing revenue-stamped receipts is raised under Clause 40 ‣ Increased Adjudication Application Fees – Clause 41 revises the application fees for adjudication ‣ Enhanced Power for the Collector – The limit for the Collector's power is raised in Clause 50, empowering them to handle higher-value transactions ‣ Raised Limit for Self-Stamping Bills and Notes – Clause 57 increases the limit for self-stamping of bills and notes ‣ Addressing Under-Valuation in Various Instruments – Clause 57A focuses on tackling the issue of under-valuation in different instruments to ensure fair tax collection ‣ Introduction of General Penalty Provision – Clause 72 introduces a general penalty provision to deal with violations effectively ‣ Increased Price for Selling Cheap Translations – Clause 81 raises the price for selling cheap translations, ensuring quality and accuracy in legal documents ‣ Omission of Redundant Provisions – The Bill also proposes the omission of outdated sections (Section 54A, 54B, 77A, 77B, 70, 71, 72), streamlining the legislation and removing obsolete clauses

Download or read book Report 1953 54 written by India. Taxation Enquiry Commission and published by . This book was released on 1958 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Budgetary Policy of Indian States written by T. N. Verma and published by . This book was released on 1995 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Finance Mechanisms in India written by and published by UN-HABITAT. This book was released on 2008 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Working Capital Management And Control Principles And Practice written by Satish B. Mathur and published by New Age International. This book was released on 2007 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Comprehensive Text Systematically Explains The Various Principles, Policies And Methods Involved In Efficient Management Of Working Capital. The Indian Context Is Emphasised Throughout.The Book Provides An Indepth Analysis Of Such Critical Issues As * Assessment Of The Level Of Working Capital * Methods Of Financing * Control Over The Use Of FundsThe Book Discusses Both Fund Based And Non-Fund Based Working Capital Finance. It Also Explains Export, Information Technology And Software Industry Financing.The Book Presents Several Real Life Cases To Illustrate The Various Principles And Techniques.Each Chapter Ends With A Summery Providing A Quick And Useful Review Of The Chapter. Several Questions And Problems Are Also Included Throughout The Book For Self-Test.The Book Is An Ideal Text For Management And Commerce Students. It Would Also Serve As An Extremely Useful Reference Source For Practising Professionals And Consultants In The Finance And Banking Sectors.

Download or read book Indian Economy 72nd Edition written by Datt Gaurav & Mahajan Ashwani and published by S. Chand Publishing. This book was released on 2017 with total page 1062 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive survey of the Indian Economy in terms of GDP growth, savings, investment and developments in various sectors such as agriculture, industry and services. A contradiction observed in India is that while the reform process has resulted in boosting GDP growth, it has failed to yield acceleration in the process of poverty reduction and growth of employment.

Download or read book The Rise of Fiscal States written by Bartolomé Yun-Casalilla and published by Cambridge University Press. This book was released on 2012-05-24 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economic historians present a groundbreaking series of country case studies exploring the formation of fiscal states in Eurasia.

Download or read book Cross Border Mergers and Acquisitions written by B. N. Ramesh and published by Taylor & Francis. This book was released on 2023-06-19 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comparative analysis of cross-border mergers and acquisitions (CBMA) in terms of competitive framework and procedures between India and the United States of America. It discusses themes like statutes, regulations, rulings, legislations and analysis of CBMA; competition law, antitrust, and demerger; new legal initiatives by India like New Economic Policy (NEP), Goods and Services Tax (GST), demonetisation and amendments in the Foreign Exchange Management Act (FEMA); and the impact of COVID on CBMA, to showcase the challenges and opportunities of specific CBMA experience in India in a global framework. This book will be an essential read for scholars and researchers of law, corporate law, company law, international company law, corporate governance, international relations, public policy, international trade law, economics, and for practitioners, policymakers and consultants working on the subject.

Download or read book The Islamic Finance Handbook written by REDmoney and published by John Wiley & Sons. This book was released on 2014-04-07 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get up to speed quickly on the world's fastest growing financial sector The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets is the definitive report for the Islamic finance industry. Written by the industry's leading practitioners, the book provides a country-by-country breakdown of the current state of the Islamic market, including league tables by region and by country. Relevant case studies are used throughout to illustrate the practical aspect of the information presented. Organized for easy navigation, each chapter features sub-sections that allow instant comparison between countries in a specific area of interest. The Islamic finance industry is the world's fastest growing sector, valued at over U.S. $1.3 trillion by the UK Islamic Finance secretariat, with an annual growth of 24% for the past five years. To compete globally, practitioners need a true understanding of key markets within the industry. The Islamic Finance Handbook paints a clear picture of where each country stands in its development and role within the market, and provides a straightforward comparison between markets. Features include: Current macroeconomic and microeconomic conditions Regulatory and political situations Recent transactions, key participants, and the investor climate Real-world cases, as opposed to speculative scenarios The book places a clear focus on current conditions versus past performance, and on practical applications versus theoretical speculation. Each chapter is authored by a leading practitioner from within each country, allowing a true glimpse inside the day-to-day workings of the Islamic markets. For finance professionals who need to get up to speed on this rapidly growing sector, The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets is a clear, comprehensive guide.