While indirect taxes are relatively convenient and efficient in terms of collection, they mostly disregard the principles of fairness and certainty.
Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.
The government's excessive reliance on indirect taxes such as value-added tax (VAT) is putting a higher burden on low-income individuals, leading to a rise in poverty and inequality, according to the findings of a study released yesterday.
While indirect taxes are relatively convenient and efficient in terms of collection, they mostly disregard the principles of fairness and certainty.
Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.
The government's excessive reliance on indirect taxes such as value-added tax (VAT) is putting a higher burden on low-income individuals, leading to a rise in poverty and inequality, according to the findings of a study released yesterday.
