An autonomous research institute under the Ministry of Finance

 

What’s a Shell Company?

06/09/2017

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Shell companies are known to be misused by individuals and companies for the purpose of avoiding taxes as well as to launder money. Investigations reveal that shell companies are amorphous entities. Learning from the experience during demonetisation, large number of shell companies allowed the laundering of cash by providing entries ...

Cost of compliance for clinical establishments

04/09/2017

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[Co-authored with Manya Nayar]

 

The Clinical Establishments (Registration and Regulation) Act, 2010 (Clinical Establishments Act) is facing resistance from the medical fraternity. The Indian Medical Association claims that the law will cause an increase in the cost of treatment and adversely affect small and medium size clinical establishments such ...


Environmental Federalism: A Roadmap for Climate Responsive Budgeting (CRB) in India

18/07/2017

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[Co-authored with Amandeep Kaur]

 

A climate responsive budgeting (CRB) for both adaptation and mitigation is a dynamic process in environmental federalism.* A promising framework for CRB has been evolving within the purview of the Public Financial Management (PFM) over the years across selected Asian and African countries including Morocco ...


Replacing FIPB with Standard Operating Procedure not enough

13/07/2017

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[Co-authored with Radhika Pandey and Sumant Prashant]

 

Foreign investment into India has always been heavily regulated, requiring approvals from various government ministries. Post-liberalisation, a need was felt to create a single window for foreign investors applying for such approvals. As a result, the Foreign Investment Promotion Board (FIPB) was ...


Issues with the regulation of Information Utilities

13/07/2017

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[Co-authored with Prasanth Regy, Renuka Sane, Anjali Sharma, and Shivangi Tyagi]

 

The Insolvency and Bankruptcy Code, 2016 (IBC) provides for the speedy resolution of insolvency. The process described in IBC hinges on the assumption that information will be easily accessible to the parties involved. It is for this purpose ...