ABSTRACT
Until India’s structural adjustment programme was introduced in 1991, much of the discussion about tax policy in the country was shaped by a debate on how to raise sufficiently large amounts of revenue to eliminate poverty and raise standards of living while at the same time support national industries under a protected regime. Fiscal reforms since 1991 have made rapid and significant changes in tax policy and have brought down the rates of both direct and indirect taxes sharply. They have also touched off some new discussion on the gender dimensions of such changes, especially in the case of direct taxes.
