Article Details

An Analysis upon Recommendations of Kelkar Committee Report in Income Tax Act Provisions | Original Article

Pradeep Saini*, Satish Chandra, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research


The way that raising taxes can increment taxed work supply through income impacts is every now and again used to legitimize especially bring down measures of the peripheral welfare cost of taxes and more prominent public great provision than showed by conventional, remunerated analyses. We confirm that this distinction stays significant with more current flexibility gauges, yet demonstrate that either remunerated or uncompensated measures of the peripheral cost of assets can be utilized to assess the costs of taxation– and will give an indistinguishable result– from long as the income impacts of both taxes and public great provision are joined in a reliable way.