Richest 1 percent bagged 73 percent of wealth created last year - poorest half of India got 1 percent, says Oxfam India

73 percent of the wealth generated last year went to the richest one percent, while 67 crore Indians who comprise the poorest half of the population saw one percent increase in their wealth. In the last 12 months the wealth of this elite group increased by Rs 20,913 billion. This amount is...

Ease of Doing Business and Corporate Taxes

Amidst the growing trends of economic inequality in India, policy makers are continuing to endorse policies to reduce corporate income tax (CIT) rates and provide discretionary tax incentives to corporates in the name of ease of doing business. But evidence suggests, that India’s corporate tax...

Inheritance Tax & Inequality: Global experience and lessons for India

Income and wealth concentration in India today is very high by international and historical standards. One of the factors that is attributable to concentration of wealth is that inherited wealth and invested capital (in the stock market, in real estate) grows faster than income. Taxing this...

Your questions answered: Oxfam’s Inequality report

Oxfam’s new inequality report, which found that just 8 men own the same wealth as half the world, is making headlines around the globe.  Since we launched we have been inundated with questions from people who want to know a bit more.  Our response to the five most frequently asked...

Unpacking the Risks of Doing Business in India

The World Economic Forum recently published its annual Global Risks Report for 2017. This report is based on a global perception survey covering various age groups, countries and sectors such as business, academia, civil society and government. This report highlights risks of highest concern for...

Inequality in India: what's the real story?

India is suddenly in the news for all the wrong reasons. It is now hitting the headlines as one of the most unequal countries in the world, whether one measures inequality on the basis of income or wealth.So how unequal is India? As the economist Branko Milanovic says: “The question is simple, the...

Oxfam International signs historic deal to move to Nairobi, Kenya

22 July 2016 -- When I became Executive Director of Oxfam International in May 2013 I was very proud and very excited. Oxfam is one of the world’s most recognisable and renowned social justice International NGOs, a group of organisations united in the fight against poverty. The chance to help shape...

ISSUE 6 (March-May, 2016) : Exploring the link between extreme inequality and tax justice

This sixth edition of VOICE is insightful as well as exciting as it helps us link the myriad-faceted concept of inequality with tax justice.

Panama Papers Reveal the Murky Details of the Richest 1%: Oxfam India

In light of the investigation into tax havens published today by the International Consortium of Investigative Journalists and other news organizations, Dr Nisha Agrawal, Oxfam India’s chief executive officer said, “The Panama Papers give us a disturbing look into the murky world of tax...

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