Abstract
The New Economic Policy (NEP) in India necessitated reform in the sphere of taxation in consonance with the two pronged approach of 'stabilizing' the macro-economic system and of 'adjusting' the market to improve efficiency. In an economy dominated by government intervention and planning, the success of these reforms stand on quicksand.
Recommended Citation
Shahani, Dayamati
(1996)
"The New Economic Policy
Vis-a-Vis Excise Law: A Case for VAT,"
National Law School of India Review: Vol. 8:
Iss.
1, Article 1.
Available at:
https://repository.nls.ac.in/nlsir/vol8/iss1/1
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