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About:
The Department of Revenue is led by the Secretary (Revenue) under the overall direction and supervision of the Union Finance Minister. It exercises monitoring, supervision and administration in respect of matters relating to all the Direct and Indirect Union Taxes through two statutory Boards namely, the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). Each Board is headed by a chairman who is also ex officio Special Secretary to the Government of India (Secretary level). Matters relating to the levy and collection of all Direct taxes are looked after by the CBDT whereas those relating to levy and collection of GST, Customs Duty, Central Excise duties and other Indirect taxes fall within the purview of the CBIC. The two Boards were constituted under the Central Board of Revenue Act, 1963. At present, the CBDT has six Members and the CBIC has six Members.
Role:
Research Fellow
Qualifications:
- Bachelors’ Degree in Law
- One to five years of research and report writing experience or equivalent professional legal experience;
- Thorough understanding of Direct and Indirect Tax laws and other Fiscal Laws.
- Experience of policy related work in the area of taxation and Public Finance is desirable
Responsibilities:
- The Research Fellow is expected to work under the guidance and supervision of the assigned officer.
- It is expected that the Research Fellow shall carry out research and prepare a research paper/ analytical paper on a subject or topic as selected by him/ her and approved by the supervisory officer.
- The research topic should preferably be on taxation issues or economic aspects of taxation in both direct and indirect taxes.
- The following could be illustrative examples of the area or topic of research. On the indirect tax side, it could include sectoral analysis such as comprehensive analysis of services e.g. Financial services; insurance services; services relating to travel; accommodation; real estate; transport; warehousing; logistics; software etc. under the erstwhile Service Tax or sectors such as leather; textiles; transport; electricity; real estate; gold; petroleum etc. under the new GST regime. The research on the subject, for example; on taxation of services, may include size and nature of taxable services valuations, exclusions and exemptions, rates, points of taxations, taxation of cross-
- border transactions, place of provision of services, ITC rules etc. The paper may offer a comprehensive understanding of the sector, taxes earned from the sector, any possible revenue/ tax leakages or any policy recommendations based on the research.
- Similarly, in the Direct tax side, sectoral analysis could be done, or research could be carried out on taxation of class of persons, for e.g. Individuals, LLPs, firms, corporates, charitable trusts, etc. or on subjects such as taxation of insurance business, international tax, transfer pricing, mergers and amalgamations, investment pooling vehicles, taxation of housing etc. or on the sources of income such as salary, income from house property, capital gains or business taxation. The research could inter alia examine trends, time-series analysis, investment patterns or ratios or panel data in relation to any aspect of taxation. All of the above topics could also examine both sides of taxation on any particular subject.
- Research could also be carried out on other extant/ ongoing issues identified for research in TPRU. These include building of tax-economic models such as
- Microsimulation models for Personal Income Tax, Corporate Income Tax and GST,
- Macro-Fiscal models, models for revenue forecasting, measuring tax expenditures, revenue foregone or tax gaps, TRIST model or the Over-lapping Generations (OLG) model to study long-term impact on consumption, savings and interest. Literature, data and guidance on above is available within TPRU.
- Another area of research could be trends and evolution of monetary and fiscal policy in India, FDI, inflation and interest rates etc. with respect to their interface with the tax policy.
- In addition to above, research topics and issues can also be identified by Research Fellow using e-resources such as Google Scholar or other online platforms such as JSTOR, ELSEVIER, SPRINGER and NBER (National Bureau of Economic Research). Research papers on issues related to tax and policy may be studied to identify new ‘ideas’ for research in TPRU.
- The outcome and objective of the research topic and examples above are only indicative and in no manner meant to be restrictive or limiting to the eventual outcome of the research findings.
- The data for research purposes shall be publicly available data, data compiled atTPRU, CMIE data, tax admin data available at TPRU or data on GST, e-way bill, serviced tax data, personal income tax, corporate tax etc. procured by TPRU from time-to-time.
- Further guidance and mentoring on selection of topics and further research can be sought from senior officers, Joint Secretary, Additional Secretary and Revenue Secretary.
- The timeline for completion of a research paper/ analytical paper shall be one month.
- The paper may be between 3500 to 5000 words or up to 10 pages. It should be well presented and incorporate tables, data, analysis, graphs and charts. The research/ analytical paper may be vetted by or prepared under the guidance of the supervising officer or any other senior officer at TPRU.
- A short 15-minutes presentation of the paper and research findings shall be organised towards the end of the month, inhouse before the officers of TPRU, on a date to be notified each month.
- A target of one research paper/ analytical paper every month shall be assigned to each Research Fellow. This target, however, shall be subject to modification under approval of the supervising officer, depending on further work required to be carried out on the subject or any other circumstances that the supervising officer may approve.
- Besides the above, Research Fellow shall be expected to carry out any other work assigned by supervising officer in TPRU.
How to apply:
Interested candidates can send their applications to dc2-tpru@gov.in but only those applications whose hard/physical copy are received within 21 days of publication of the advertisement in The Times of India in this office will be taken into consideration. The envelope containing the application as above should be labelled as “Application for Research Fellow” on the top.
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