Commodity transaction tax not a prudent idea

Feb 22 2013, 09:06 IST
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SummaryThe commodity transaction tax was proposed in Union Budget 2008-09 and withdrawn in July 2009-10, following the recommendations of the Prime Ministers Economic Advisory Council.

of the hour is to bring in vibrancy in commodity markets as vibrant markets give signals about the future state of the markets and economy.

The author is professor of economics, Department of Business Economics, University of Delhi, South Campus

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