Measuring Accuracy of Projections of Central Taxes by the Finance Commission

D K Srivastava and C Bhujanga Rao
Additional contact information
D K Srivastava: Madras School of Economics

Finance Working Papers from East Asian Bureau of Economic Research

Abstract: This paper looks at the quality of forecasts/assessments made by some of the recent Finance Commissions for the shareable central taxes and own tax revenues of selected states. The Commissions covered under this analysis are Ninth to Twelfth Finance Commissions. It is observed that while direct taxes are underestimated in general, revenues from indirect taxes partially Union excise duties and custom duties have been over estimated. In respect of states, four selected states viz., Andhra Pradesh, Gujarat, Orissa and Assam are examined. While there is similarity between the approaches of Ninth, Tenth and Twelfth Finance Commissions in regard to middle and high income states, the Eleventh Finance Commission required that they raise tax revenues higher than what they were able to achieve.

Keywords: Central Taxes; Own Tax Revenues; Finance Commission (search for similar items in EconPapers)
Date: 2010-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.eaber.org/node/23064 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 301 [REDIRECT LOOP] Moved Permanently (http://www.eaber.org/node/23064 [301 Moved Permanently]--> https://www.eaber.org/node/23064 [301 Moved Permanently]--> https://www.eaber.org/node/23064 [301 Moved Permanently]--> https://www.eaber.org/node/23064 [301 Moved Permanently]--> https://www.eaber.org/node/23064 [301 Moved Permanently]--> https://www.eaber.org/node/23064 [301 Moved Permanently]--> https://www.eaber.org/node/23064 [301 Moved Permanently]--> https://www.eaber.org/node/23064)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eab:financ:23064

Access Statistics for this paper

More papers in Finance Working Papers from East Asian Bureau of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Shiro Armstrong ().