122 thoughts on “Inclusive Growth and Differential Taxation

  1. Satbir Singh Bedi

    It is not a question of percentage of tax levied but the question of its recovery. Here I may mention that during my career in Government service , I had studied the working of the Inspectors of Income Tax, Customs and Central Excise as well as the working of the Enforcement Officers of the Directorate of Enforcement. I had found that they either hardly worked for the day or they worked only to collect bribes from the tax evaders so that they could fill their coffers. In Focus Even the file Numbers and subjects on the files were given by the agents who paid them bribe money. There is a huge number of Income Tax Officers, Income Tax Inspectors, Customs Officers, Central Excise Officers and Enforcement Officers but they hardly work. I had thought that Modi would put them to work and ask them to conduct raids for recovering the taxes that were not paid but this is not happening. Now, there is a large fiscal deficit. If Modi wants to wipe out this deficit, he not only needs to disinvest in the Public Sector but also has to order raids to be conducted so that there is no tax evasion and tax money can be recovered. The money recovered can be used for development of the country and for undertaking projects that would produce employment. He should also go in a big way to bring in foreign investment. All this should make India prosperous

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  18. Sanjay Kumar Tyagi

    I am running a small business. Loan from bank has monthly instalments. Even tax has the same liability. But no guarantee for profits. Why cant government charge more from those who work at great margins.

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