Indian Council for Research on International Economic Relations

Completed Details

Impacts of Taxes on Commodity Derivatives Transactions

Project Leader:  Dr. Saon Ray
Research Team: Neha Malik
Commencement: October 2012
Completion: 
Funded by:  Multi-Commodity Exchange of India Ltd

Commodity futures in India were introduced with a dual purpose of promoting price discovery and enhancing risk management in the commodities market. This study examines the rationale of the imposition of a Transaction Tax on Commodities which had been proposed in 2008 (but was not notified). It examines this probing the theoretical arguments as well as the empirical evidence in the context of financial transaction taxes. The study examines the validity of the proposition that such taxes generate revenue while examining the price and quantity effect and the well as the effect on speculative activity.

Research

ANNOUNCEMENTS

  • 02 Jul
    2ND ICRIER-KAS WEBINAR ON “TACKLING COVID-19 – LESSONS FOR / FROM INDIA”"for more details Click here"
  • 24 Jun
    Stakeholder convening on understanding investment, trade, and battery waste management linkages for a globally competitive Electric Vehicle (EV) manufacturing sector"Register here"
  • 19 Apr
    Vacancy: Research Associate/Consultant (Climate Change and Sustainable Development)"Apply here"
  • 11 Jan
    Vacancy: 7 motivated researchers for its large Agri-programme"led by Dr. Ashok Gulati, Chair Professor Agriculture, ICRIER Apply here"
  • 05 Aug
    Growth and Development in India – A Webinar Series"for more details Click here "