View: Prime Minister Modi’s changes to taxation are welcome, but are they sufficient?

View: Prime Minister Modi’s changes to taxation are welcome, but are they sufficient?

Synopsis

The three pillars to improve a TT system as laid out by the PM are faceless assessments (which were in the making for some time now), faceless appeals (which would possibly maybe be proposed to be equipped from slack September), and the disclosing of the taxpayers’ structure.

by Dinesh KanabarHistorically, the relationship between the earnings and the taxpayer in India has been perceived to be adversarial in nature. Whereas in the new previous, India has admirably moved up the ranks in the benefit of doing alternate, the excellent unfavorable contributor has been the Indian tax regime. It is miles that this perceived adversarial combined with delays in resolving disputes that has been a self-discipline to attracting foreign investments.For India to

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