Record Details

Infrastructure Development in India and the Role of Tax Incentives

VISION: Journal of Indian Taxation

View Archive Info
 
 
Field Value
 
Title Infrastructure Development in India and the Role of Tax Incentives
 
Creator Bhasin, Niti; Associate Professor, Department of Commerce, Delhi School of Economics, University of Delhi.
 
Subject Infrastructure, Public private partnership, Tax incentives.
 
Description The demand for infrastructural services has increased rapidly after industrial liberalisation of the Indian economy. Recent years have witnessed substantial progress from the old paradigm of public monopoly provision of infrastructure services to the new paradigm which also encourages private investment and provision of infrastructure services within a stable, predictable and commercially viable regulatory framework. The case for attracting FDI is also significantly strengthened through the provision of an adequate level of infrastructure. There is thus adequate economic rationale for encouraging the sponsorship of infrastructure projects and to facilitate investments in this sector. In this context, the provision of fiscal benefits implies a contribution from government that is supported by benefits accruing from the externalities of the project. In the absence of such contribution, the private investment flows may not take place at all. This paper looks at the types of tax incentives being offered in the infrastructure sector that can contribute to mobilising private resources in the financing of projects.
 
Publisher Journal Press India
 
Date 2015-05-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.myresearchjournals.com/index.php/VISION/article/view/5728
10.17492/vision.v2i2.10180
 
Source VISION : Journal of Indian Taxation; Vol 2, No 2 (2015)
2347-4475
 
Language eng
 
Relation http://www.myresearchjournals.com/index.php/VISION/article/view/5728/5253