000-tobecategorised
The Nerve-racking Possibility of Being Non-compliant with Rules in India https://www.youtube.com/watch?v=Siqg1j0Peac Jul 20, 2023
Social media is filled with complaints from citizens who have received notices from the Income Tax department on IT returns filed years or sometimes decades ago. This is just the tip of the iceberg. Watch this weeks video as Sucheta Dalal examines how difficult it has gotten for law abiding citizens to comply with the ever changing rules and regulations in India.
A Taxing Tale: Assessing the Impact of Six Years of GST https://janataweekly.org/a-taxing-tale-assessing-the-impact-of-six-years-of-gst Arun Kumar The ease of doing business has not come about and investment rates have not increased. An alternatively simpler GST exists but the government is not willing to admit its failure. Further, while the benefits have not accrued to the country, fiscal federalism has been dented.
For the huge unorganised sector in India, keeping track of input and output is difficult and they are unlikely to computerise it. So, the unorganised sector with a turnover of up to ₹50 lakh is exempted above that, and if they make a turnover of up to ₹1.5 crore, they are under the composition scheme with a flat 1 percent tax.
But they neither get ITC,(input tax credit) nor can they offer ITC to their buyers. Thus, they face a disadvantage vis-à-vis the organised sector, which benefits from ITC. The result of GST is a shift in demand from the unorganised sector to the organised sector.
The ease of doing business has not come about and investment rates have not increased. An alternatively simpler GST exists but the government is not willing to admit its failure. Further, while the benefits have not accrued to the country, fiscal federalism has been dented, which will have long-term consequences.
Manipur | "Women Divided Along Ethnic Lines; As Women We Have Not Stood Together" | Vrinda Grover Jul 20, 2023 Supreme Court advocate Vrinda Grover speaks to Barkha Dutt over Manipur viral video in which women were seen paraded naked.
"Women are also divided along caste, religion, ethnic lines... As women we have not stood together... This country hasn't stood by women," she said.
Further, Grover said- "This country didn't give justice to Bhanwari Devi... Bilkis Bano's rapists' remission should haunt each one of us."
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