The Tax System in India Could Reform Spur GrowthY HA lA ne Poirson

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WP 06 93 The Tax System in India Could Reform Spur Growth H l ne Poirson 2006 International Monetary Fund WP 06 93 IMF Working Paper Asia and Pacific Department The Tax System in India Could Reform Spur Growth Prepared by H l ne Poirson 1...

...on growth and distort financing and investment decisions Box 1 High tax rates may also contribute to the growth of the shadow economy carrying costs in terms of foregone tax receipts and lower productivity growth Farrel 2004 Schneider and Klinglmair 2004 To improve the tax intake and savings... Fund Tanzi Vito and Howell Zee 2000 Taxation and the Household Saving Rate Evidence from OECD Countries Banca Nazionale del Lavoro Quarterly Review Vol 53 pp 31 43 Topalova Petia 2004 Overview of the Indian Corporate Sector 1989 2002 IMF Working...

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