THE flavor of fiscal policy as growth accelerator remains as refreshing as ever. The freshness implies the scope for more fiscal corrections notwithstanding implementation of numerous tax and expenditure reforms in different countries.
Multilateral institutions are thus once again putting on policy makers' platter the idea of tweaking fiscal policy to spur economic
ECONOMIC Times carried a news item on the 18th April 2017-"Paris replacing Mauritius as tax haven, Citi alerts Finance Ministry." The tagline is a bit perplexing. France has one of the highest tax rates in the western world and it would not be proper to term it as a tax