PM rules out imposition of Tobin tax

Prime Minister Manmohan Singh on Tuesday ruled out imposition of Tobin tax on capital inflows in the country, saying the situation in India has not not reached a problem stage. "Well the Tobin tax......

Govt likely to consider Tobin-type tax structure

The government may be debating the imposition of a Tobin-like tax as a measure to reduce exchange rate volatility and stem short-term capital inflows. The Tobin tax, first proposed by Nobel......

'Tobin type tax on capital flow not off the table'

Reserve bank of India governor Duvvuri Subbarao has said that India is not contemplating imposing Tobin Tax on capital inflows, but did not rule out introducing it later. "Depending on what flows......

FM, economists discuss taxes

A day after India Inc called for tax breaks in the coming Budget, leading economists on Thursday urged Finance Minister P Chidambaram to rationalise indirect taxes and impose a Tobin tax on certain......