ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Assumptions of Buoyancy

Revenue Mobilisation

In recent years, fiscal consolidation has been led by contraction in government spending. In the Union Budget for 2014-15 revenue mobilisation has received a major thrust, as buoyancies of all major taxes are expected to go up. This article examines the challenges of attempting to improve revenue collection and meet the targets for revenue.

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