Insta
Arun Jaitley
India will have to move to a lower level of taxation in order to be globally competitive, Finance Minister Arun Jaitley, has urged.
“What you need is lower level of taxation, to provide services more competitive in nature. Competition is not domestic, it is global,” he said, while speaking at the inaugural ceremony of the sixty-eighth batch of IRS (C&CE) officers.
“We've lived through the last seven decades in India under the impression that if avoidance (of taxes) could be done, there wasn't anything immoral. It was considered as commercial smartness. Some people were visited with very serious consequences.”
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest