Wednesday, August 12, 2009
Impressive piece of work
I am ordinarily gloomy about the public policy process in India. But for a welcome change, the quality of staff work in the draft direct tax code, which has been put out for discussion, is outstanding.
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LaTeX mathematics works. This means that if you want to say $10 you have to say \$10.
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Despite easy to understand framework, I'm still bogged down by many categories/heads.
ReplyDeleteI am curious about how the process for drafting and vetting something like this works in India - is the original drafting done by Indian Revenue Service types, or a bunch of economists working for the Finance ministry? and then, who vets the draft - IAS types and lawyers in the law ministry or someone else?
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