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New World Economy : Changing Dimensions Of "Commerce Clause"

	New World Economy : Changing Dimensions Of "Commerce Clause" by Chaturvedi, Swarupama
	Price : Rs 750.00
	Your Price : Rs 562.50

Business through the Internet (E-commerce) is now an accepted mode of commerce. With the passage of time there has been a change in instrumentalities of commerce. There has been a change in the standard of morals and therefore there has been a shift in the doctrine of res extra commercium also. While discussing the allocation of powers in relation to trade and commerce it has been tried to ascertain as to where the E-commerce would lie. The discussion of the Internet and it resultant E-commerce and VAT are to special interest for both federal state scholars and economists. New World Economy touches many issues which are emerging and are controversial but are becoming most pressing in view of new emerging trends due to globalization. One of the emerging and imperative issues discussed in the book is VAT (Value Added Tax). It is working successfully in some federations as well as in European countries. In India, states are apprehensive of the erosion of their fiscal autonomy and therefore they are resisting its implementation. However, it need not be so. Keeping in view other crumbling barriers of geographical boundaries in the age of globalization and the need of the federating units not to depart from regulatory measures on trade and commerce, the book is the need of hour for lawyers, economists, professionals and policy-makers.

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