Record Details

A Comparative Study of Tax Structures of BRICS countries

VISION: Journal of Indian Taxation

View Archive Info
 
 
Field Value
 
Title A Comparative Study of Tax Structures of BRICS countries
 
Creator Yadav, Dr. Satendra Kumar
 
Subject BRICS, Tax Structure, Parameters, GST.
 
Description Government of a country imposes various types of tax structures to collect revenue from public. The economic environment of a country is also affected by tax structure of a nation. The present study is an attempt to understand the tax structure of BRICS countries, i.e., Brazil, Russia, India, China and South Africa. The comparison is made by comparing the performance of businesses of BRICS countries on the basis of various tax related parameters such as tax revenue-GDP ratio, number of tax payments, time taken in tax compliances, profit tax paid by businesses in their countries, labor tax and contributions paid by businesses in their respective countries, other taxes paid by businesses to government, total tax rate imposed by countries on businesses etc. In this study it is found that India stands far behind as compared to other BRICS nations in most of these parameters. The study recommends further reforms in Indian tax structure so as to remain competitive with other BRICS members.
 
Publisher Journal Press India
 
Date 2018-08-29
 
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/13215
10.17492/vision.v5i1.13215
 
Source VISION : Journal of Indian Taxation; Vol 5, No 1 (2018)
2347-4475
 
Language eng
 
Relation http://www.myresearchjournals.com/index.php/VISION/article/view/13215/12573