Policy Changes for Delhi's Development: BUI91001-2019 Essay

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BUI91001-2019 1

How changing the policies can help to improve Delhi?
As India is seeking projects and opportunities for developing itself as smart cities, so
according to me India is requires to change its policies which enables city such as Delhi who
tries to improve themselves for transforming itself as smart city of India. In my opinion
changes in policies is an efficient opportunity for Delhi to implement certain major and
appropriate changes within the city economic, technological and other operating sectors for
improving the city and its facilities. According to me the Delhi could improve itself through
improving its education and lifestyle through implementing policies which supports
education for everyone and uplifting people lifestyle of Delhi (Braymen, et. al., 2016).
BUI91001-2019 2

How changing the tax rate can help you to earn more money?
What is the advantages and disadvantages of changing the tax
rate?
Tax rate plays a significant role in economic sector of a county and changes in tax rate of
country efficiently supports a county to enhance is economic growth as according to me
change in tax rate leads to the emergence of business opportunity within the country which
push sales revenue of business organization within the country and leads to increase in
economic sector of a country. According to me changes in tax rate in Delhi lead to the
government and local people to earn money from various sources in the economic sector of
India. Moreover, change in tax rate enables to lower and middle class to sustain opportunity
to earn money and contribute to the country’s GDP (Pomeranz, 2016).
According to me the most appropriate advantage of change in tax rate is redistribution of
income as change in tax rate ensures that each and every person of the country seek equal
opportunity to earn money in the country. Moreover, in my opinion major disadvantage of
change in tax rate is it discourage investment by different business organization and investors
as change in tax rate act as threat to the increase in business and to seek efficient profit in the
country.
BUI91001-2019 3

References
 Braymen, Charles, Chang, Yang‐Ming & Luo, Zijun 2016, ‘Tax Policies, Regional
Trade Agreements and Foreign Direct Investment: A Welfare Analysis’, Pacific
Economic Review, vol. 21, no. 2, pp. 123–150. https://onlinelibrary-wiley-
com.ezproxy.scu.edu.au/doi/full/10.1111/1468-0106.12077
 Pomeranz, Jennifer L. 2016, ‘Valuing Federal Taxation Policies to Prevent Disease
and Raise Revenue’, American Journal of Preventive Medicine, vol. 51, no. 4, pp.
518–521. https://www-sciencedirect-com.ezproxy.scu.edu.au/science/article/pii/
S0749379716300642#s0010.
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