Business Standard

Saturday, December 21, 2024 | 07:56 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

One-sided policymaking

Tax concerns should not always trump citizens' convenience

Money, Rs 2000, 200 notes, Rupees
Premium

Business Standard Editorial Comment Mumbai

Listen to This Article

It is natural that the government wishes to fine-tune its ability to manage, track, and minimise the use of unaccounted money in the economy. Mature economies ensure that their tax systems envelop most productive activity, and that tax evasion or avoidance is rendered difficult. But this needs to be done transparently and effectively, without excessive inconvenience being rendered to ordinary taxpayers. The current Indian administration has at various points in the past insisted that it intends to protect taxpayers from excessive intervention. And some major steps in this direction, such as the “faceless” interface with the tax authorities, have been

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in