Introduction…. Individual income taxation is pivotal in the fiscal architecture of nations, serving not only as a primary revenue source but also as a potent tool for socioeconomic policy. This comparative analysis delves into the intricate tax structures of two South Asian countries, India
Afghanistan has endured nearly four decades of incessant warfare, resulting in the erosion of its economic, social and political foundations. The profound repercussions of this turmoil manifest prominently in the breakdown of traditional administrative and legal frameworks, impeding economic progress. This qualitative inquiry endeavors to
Abstract – India has maintained robust relations with Iran and other major oil-producing nations in the Arab world since gaining independence. Despite the adoption of the New Economic Policy in 1991, India has carefully balanced its trade between the United States of America and Iran
Introduction In the serene landscapes of Sri Lanka, where vibrant cultures and breathtaking scenery once painted a portrait of prosperity and tranquility, an impending economic crisis has cast a shadow over the island nation. In recent years, Sri Lanka has become entwined in a complex
In a landmark move, the International Monetary Fund (IMF) has laid out an ambitious 16-point plan designed to tackle the governance hurdles faced by Sri Lanka. This visionary initiative promises to reshape the country’s administrative landscape, setting the stage for a new era of growth
Centralized Access to Crisis During the economic crisis and surging prices in Pakistan, the government implemented a distribution program in March-April 2023. The program aimed to provide affordable and free flour to citizens nationwide, easing their financial burdens. However, this well-intentioned effort resulted in unforeseen
Executive Summary: Speculation and concerns surrounding Sri Lanka’s upcoming domestic debt restructuring plan have been prevalent in recent discussions. This aims to provide a comprehensive analysis of the potential impact of this plan, addressing the uncertainties and shedding light on the situation. Sri Lanka recently
The central bank of a crisis-hit country has outlined measures to restructure local debt as part of efforts to meet the conditions of the IMF bailout. The Central Bank of Sri Lanka (CBSL) has introduced an extensive plan to restructure domestic debt in order to
Introduction India has always emphasized its commitment to enhancing collaboration and assistance with its neighboring countries in South Asia, positioning itself as a significant regional force. It has implemented various initiatives and aid programs to encourage regional growth, stability, and integration in the South Asian
Introduction The relationship between Sri Lanka and Bangladesh has traditionally revolved around trade, fostered by geographical proximity and strong cultural ties. This has resulted in considerable growth in bilateral trade over the years. The current economic crisis in Sri Lanka further reinforces the need to
