Building a Better India – Part 4: Identifying tax issues
June 11, 2014
One of Prime Minister Modi\'s poll promises was to end this \'tax terrorism\' and give relief to not just individual taxpayers from the middle classes, but also to business and small entrepreneurs all across the country
Dalbir Chhibbar
Encouraging and building a non-adversarial tax regime is one of the most pressing needs in India today. Tax laws are complicated, convoluted and often redundant. The officials charged with administering the tax system make arbitrary judgments and commit to rash decisions. Tax-evasion may not be a direct result of this opaque tax regime but it may owe a part of its origin to this. Let us look at the various problems and complexities of the current taxation environment with a special focus on businesses.