Fiscal Policy Tools — Key Judgments

Key Judgments

State of West Bengal v. Union of India

1962

This case, though not directly about fiscal policy tools, clarified the nature of India's federal structure and the distribution of legislative powers, including taxation. It…

Mafatlal Industries Ltd. v. Union of India

1997

This landmark judgment dealt with the refund of illegally collected taxes. While seemingly procedural, it had profound implications for tax administration and the rights of…

Union of India v. V.V.F. Ltd.

2007

This case, among others, has contributed to the jurisprudence on the interpretation of tax exemptions and incentives, which are themselves fiscal policy tools. The Supreme Court…