India received highest number of regressive tax recommendations from IMF: Oxfam
Oxfam’s analysis found that the US and Brazil received the most progressive IMF tax advice. Canada, Australia, France, the United Kingdom, the Netherlands, Switzerland, Sweden and Norway, as well as China, Kazakhstan, Angola and Botswana, also received more progressive proposals. India received the most reactionary proposals, followed by many other countries in the Global South. File | Photo Credit: Reuters
According to an analysis by Oxfam, India was the country that received the most regressive tax advice from the International Monetary Fund (IMF) between 2022 and 2024.
The analysis, released ahead of the IMF and World Bank’s spring meetings in Washington, found the global institution was applying “double standards” by giving largely progressive advice to rich countries while recommending regressive measures “likely to increase inequality” for others.
It was published – 13 April 2026 11:56 IST
