Thrust areas of current research

• Tax policy and administration, especially in reference to reform in the structure and administration of personal and corporate income tax, customs, excise, sales tax, and state-level and local-leveltaxes, as well as the impact of tax incentives on particular sectors.
• State fiscal studies and vision documents.
• Public expenditure and subsidies with particular reference to the analysis of trends and structural shifts and its management and control.
• Government debt both at the centre and states.
• Fiscal federalism, relating to the division of fiscal powers between the centre and states,and state and local governments, problems of inter-jurisdictional spillovers and issues of tax harmonisation.
• Rural and urban economics and finance including reform of the finances of urban and rural local bodies and institutions.
• Environmental and resource economics, examining the use of fiscal instruments for environmental management and improvement.
• Financing social sector expenditure particularly, health and education.