Mentor’s comment-
- https://www.thehindu.com/
opinion/op-ed/the-fight-for- fiscal-autonomy/ article65746575.ece - https://indianexpress.com/
article/opinion/columns/india- taxation-policy-fiscal- deficit-covid-impact-on- economy-indirect-tax-revenue- 6549290/ - In the intro, mention briefly about indirect taxes.
- In the body mention the share of indirect taxes in gross tax revenue and how indirect taxes affect the poor disproportionately. In the next part, mention the effects of such tax structures.
- In the conclusion mention the need for course correction in the taxation policy.
PAYMENT ID: Jh0fHqSxgz92SJ
Sowmya
Decent attempt.
Implication mentioned is good but you can divide the answer into two parts, otherwise it looks like an essay.
In first part mention about increased share of indirect taxes, lower corporate tax, removal of wealth tax etc.
In next part, mention the implications. In implications, other than being anti-poor, you can also mention about India’s fiscal crunch, some data on debt to GDP can be mentioned.
Conclusion is fine.
Keep practicing. 🙂
4.5/10