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Finance Commission gets presentation from IMF on Resource Mobilisation for the Next Five Years

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....inance Commission gets presentation from IMF on Resource Mobilisation for the Next Five Years <br>News and Press Release<br>Dated:- 18-1-2020<br><BR>A Team consisting of Mr. Ruud De Mooij, Division Ch....

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....ief, Mr. Arbind Modi, Senior Economist and Ms. Li Lui, Economist from the Tax Policy Division of the International Monetary Fund (IMF), Fiscal Affairs Department, gave a presentation to the 15th Finan....

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....ce Commission on "resource mobilization over the next five years", today. Some members of the Finance Commission's Economic Advisory Council also participated in the discussions, which was chaired by ....

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....Sh. N.K. Singh, Chairman, Finance Commission. The discussions were centered around options for improving the tax resources of the general government, with special focus on improving the revenue reali....

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....zation from the GST. It was presented that the current collections are significantly below an estimated revenue frontier for the country, arrived at using robust panel data analysis of comparator coun....

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....tries. It was further discussed that rationalization of the rate structure as well as improvements in compliance and collection efficiency of GST and other taxes can move India much closer to the fron....

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....tier. Policy options to achieve this improvement were also discussed.<BR> News - Press release - PIB....