-Newsclick.in The central government has raked in over Rs18 lakh crore from excise duties compared to Rs14 lakh crore from taxes by all state governments over the past eight years. Yet again, the government has tried to obfuscate the exorbitant petrol/diesel prices by blaming state governments. This time, it was the Prime Minister himself who blamed some Opposition-ruled states for not reducing taxes like the Value Added Tax (VAT) after the central...
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HOPS as a route to universal health care -Jean Drèze
-The Hindu ‘Healthcare as an optional public service’ would ensure the legal right to receive free, quality care in a public institution The lingering COVID-19 crisis is a good time to revive an issue that is, oddly, slow to come to life in India — universal health care (UHC). Meanwhile, UHC has become a well-accepted objective of public policy around the world. It has even been largely realised in many countries, not...
More »Food grain traders of Dhanbad protest against tax hike -Praduman Choubey
-The Telegraph Merchants fear the new decision may result in corruption Dhandbad: Food grain traders across the state are up in arms against the new Jharkhand State Agricultural Produce and Livestock Marketing Act 2022 implemented by government as per which a 2% Bazar fee is to be imposed on all transactions held in 'Agriculture Produce Market Committee' operated markets across the state. The protesting food grain traders have termed the decision of the...
More »How GST is killing small businesses with inspector raj and suffocating compliance -Ritesh Kumar Singh
-ThePrint.in GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments. The introduction of the Goods and Services Tax or GST was supposed to create a unified market of 1.4 billion people and encourage entrepreneurship and job creation. The other aim was to bring more and more firms into the formal sector of India’s economy, which will help expand the tax...
More »Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)
-The Hindu It would be much easier for the government to provide relief to people if the Tax Base was wider, says Revenue Secretary Tarun Bajaj, noting that four crore people don’t file returns though the tax department gets some TDS collections on their account. With major customs duty rationalisation done and corporate tax settled, the government hopes to finish some pending reforms in personal income tax and GST, creating a...
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