India received highest number of regressive tax recommendations from IMF: Oxfam

1 month ago 1

ARTICLE AD BOX

Oxfam’s investigation recovered that the U.S. and Brazil received the astir progressive IMF taxation advice. Canada, Australia, France, the United Kingdom, the Netherlands, Switzerland, Sweden and Norway besides received much progressive recommendations, on with China, Kazakhstan, Angola and Botswana. India received the highest fig of regressive recommendations, followed by respective different countries successful the Global South. File | Photo Credit: Reuters

India received the highest fig of regressive taxation recommendations from the International Monetary Fund (IMF) betwixt 2022 and 2024, according to an investigation by Oxfam.

The analysis, released up of the IMF and World Bank outpouring meetings successful Washington, has flagged that the planetary assemblage is applying "double standard" by giving mostly progressive proposal to affluent countries portion suggesting regressive measures for others that are "likely to exacerbate inequality".

Published - April 13, 2026 11:56 americium IST

Read Entire Article