Friday, July 19, 2024

Tax ‘revdi’ or tax reform? It varies depending on who you ask.

If a ‘reform’ pushes up corporate profits or encourages more investors to invest money, that’s taken as pro-economy, irrespective of whether it leads to lower tax collections. But if the government spends on helping the poor, that’s called fiscal profligacy. India needs a fair taxation system.
#Tax #revdi #tax #reform #varies #depending

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