A tax policy that addresses gender disparity, ushers in reforms for working women, and institutionalises work-life balance through monetary benefits is crucial for a just and inclusive society. Such policies align with the trajectory projected for India — one of the fastest growing economies of the world. The World Inequality Lab shows that female employees in India earn only Rs 40 for every Rs 100 earned by their male counterparts. The steps required include transparent pay equity, software for improved pay analysis, and training and awareness drives. Higher female participation may also widen the tax base. However, the success of tax incentives for women depends on the design and implementation of such policies. The views expressed by experts are not those of Moneycontrol and are not to check with certified investment experts before taking any investment decisions. For confidential support call the Samaritans on 08457 90 90 90 or visit a local Samaritans branch, see www.samaritans.org for details. In the U.S. call the National Suicide Prevention Line on 1-800-273-8255 or visit http://www.suicidepreventionlifeline.org/.