Home » Viznomics: A Quick Glance At Big Issues (Page 20)

When We Used To Pay 93% Tax

When We Used To Pay 93% Tax

“Do you know what income tax rates were in those days?” asks the old-timer. “No”, you say somewhat skeptically. “90% my young friend, the Government of India took away everything.…

Poor Clueless Officers

Poor Clueless Officers

IndiaSpend decided to find out how a group of senior Indian Foreign Service (IFS) bureaucrats valued their apartments that they all bought in the same New Delhi Society in the…

The State Of State Finances

The State Of State Finances

Maharashtra has 85 State PSUs. Their combined revenue is Rs 40,873 crore, which represents just under 5% of the state’s GDP. Some 199,000 people worked in these enterprises which turned…

Did You Pay Your Taxes?

Did You Pay Your Taxes?

The number of Permanent Account Numbers (PAN) issued by India’s Income tax Department is now at 121 million. This figure stood at 95 million last year and 80 million in…

Government Expenditure On Education

Government Expenditure On Education

Every year, India spends $90 billion on education. About 35% of this or $31 billion is the Government’s share. The private sector spends around $50 billion. Here’s a snap shot…

Investing In Good Neighbours

Investing In Good Neighbours

Ever wondered what the Government spends on staying in the good books of our neighbours? Here’s a look at what the government spent on our neighbouring countries in the last…