REVIEW OF LITERATURE
Income Inequality and Progressive Income Taxation in China and India, 1986-
byThomas Piketty and Nancy Qian, the authors evaluate income tax reforms in China andIndia. The combination of fast income growth and under-indexed tax schedule in Chinaimplies that the fraction of the Chinese population subject to the income tax has increasedfrom less than 0.1 percent in 1986 to about 20 percent by 2008, while it has stagnatedaround 2-3 percent of the population in India. Chinese income tax revenues, as a share of GDP, increased from less than 0.1 percent in 1986 to about over 1.5 percent in 2005 and 2.5percent in 2008, while the constant adaptation of exemption levels and income brackets inIndia have caused them to stagnate around 0.5 percent of GDP.In
Tax Systems, Development, Quality of Life: India and China
by Warren D. Miller, theauthor describes the difficulty in comparing the Tax Structures of the two countries. Theauthor gives some important guidelines to be followed while making the comparisons likecollecting data from the same source, using comparable data, the different Tax structures inthe two countries etc. The paper also describes the extent of unreliability in the dataprovided by the two Governments.In
Doing Business in China and India
A Comparative Study
by Keith E. Kube, the authordescribes the differences between doing business in India and China in different businessmodels like The WFO, The EJV, The CJV and The RO.