WHY Zero-based budgeting (ZBB) has got a new life in the corporate world? Why the Governments across the world largely remain disinterested in retrying ZBB? And why Governments don't subject colossal tax expenditures/incentives to ZBB? Can re-conceived ZBB be perceived as sustainable growth mantra in the age of unforeseen disruptions?

THE UN Model tax Convention has a tortious history. It was conceived specifically to deal with the special needs of the newly decolonized countries of the 50s and 60s that now form the bulk of the 'developing countries'. It may be noted that the first meeting of the Committee of ad-hoc experts