An autonomous research institute under the Ministry of Finance

 

Posts by Pinaki Chakraborty (On Leave)

Demonetization: Cure and Care

23/11/2016

There is no magic bullet that can reduce black/unaccounted income in an economy. The process that generates black money in an economic system is complex. Before acting on a remedy it is important to understand the process of black money generation. It is generally argued that complex tax system ...

NIPFP blog author image