Debapriya Bhattacharya strongly criticised the interim government for increasing VAT "inconsiderately".
The current high level of inflation has already placed significant financial pressure on the common people, and increasing taxes in this context will create even more strain
The government’s recent move to increase value-added tax (VAT) on 43 goods and services has raised two key questions: will it generate enough revenue to avoid a huge budget deficit and will it further stoke an already high inflation?
Debapriya Bhattacharya strongly criticised the interim government for increasing VAT "inconsiderately".
The current high level of inflation has already placed significant financial pressure on the common people, and increasing taxes in this context will create even more strain
The government’s recent move to increase value-added tax (VAT) on 43 goods and services has raised two key questions: will it generate enough revenue to avoid a huge budget deficit and will it further stoke an already high inflation?
