National Institute of Public Finance and Policy

The National Institute of Public Finance and Policy (NIPFP) is a centre for applied research in public finance and public policy.

Address: 18/2, Satsang Vihar Marg, Special Institutional Area, New Delhi - 110067 (INDIA).

Tel: 26563688, 26569780, 26569784

Fax: 91-11-26852548

Email Id: nipfp@nipfp.org.in

Website: http://www.nipfp.org.in/

GST in India: Chasing a Mirage or Reality?

India is moving towards introducing a Goods and Services Tax (GST). The GST would be a multistage comprehensive value added tax (VAT) encompassing both goods and services. Given the federal structur...

Institute: National Institute of Public Finance and Policy

by Sacchidananda Mukherjee | On 03 Aug 2016

Fiscal Seigniorage “Laffer-curve effect” on Central Bank Autonomy in India

It is often emphasised that seigniorage financing of public sector deficits is technically a “free lunch” if the economy has not attained the full employment levels. However, conservative macroecono...

Institute: National Institute of Public Finance and Policy

by Lekha S. Chakraborty | On 01 Sep 2015

China’s One Belt One Road Strategy: The New Financial Institutions and India’s Options

This paper attempts to discuss India’s options to collaborate with China at the event of the formation of new financial institutions and how should India engage with China’s new Silk Road strategy.

Institute: National Institute of Public Finance and Policy

by Nidhi K | On 01 Sep 2015

Present State of Goods and Services Tax (GST) Reform in India

There are several challenges before introduction of GST and these can be classified into two broad heads – a) GST Design and Structure related, and b) GST Administration and Institutional. On design r...

Institute: National Institute of Public Finance and Policy

by Sacchidananda Mukherjee | On 01 Sep 2015

Food Inflation in India: Causes and Consequences

Average food inflation in India during the period 2006-2013 was one of the highest among emerging market economies, and nearly double the inflation witnessed in India during the previous decade. In...

Institute: National Institute of Public Finance and Policy

by Rudrani Bhattacharya | On 01 Jun 2015

Minimising Selection Failure and Measuring Tax Gap: An Empirical Model

This paper presents an empirical model for minimising selection failure by tax departments in selecting cases for scrutiny assessment. This model also provides a new methodology for estimating tax gap...

Institute: National Institute of Public Finance and Policy

by Ashish Juneja | On 01 May 2015

Designing Policies in the Presence of Hawala Markets

The paper explores the impact of the existence of such a mechanism on the effectiveness of various policy instruments in influencing outcomes on the official foreign exchange markets and GDP. The pape...

Institute: National Institute of Public Finance and Policy

by R.Kavita Rao | On 01 Jan 2015