The announcement in Budget 2019-20 of the government's intention to issue sovereign bonds to raise “a part of its gross borrowing programme in external markets in external currencies” could well end up as an exercise in pious policy paving the wa...

Finance Minister Piyush Goyal’s essay ticked all the boxes—farmers, organised and unorganised labour, women, pensioners and the taxpaying middle class.

How have the five budgets presented by the BJP-led NDA government fared?  The anxieties around the 2019 exercise illustrate the saga of unfinished agenda.

Usually, governments around the world have a wide array of revenue generating options at their disposal. However, the nature of the economy and administrative capacity may constrain, either by choice or compulsion, the government's revenue generating...