The government’s somewhat conscious avoidance of conducting the census, as reported in ThePrint, is increasingly harmful. It’s not only hurting policymaking but also hindering accurate distribution of welfare. Relying on 2011 base data means even the latest surveys are inaccurate. Political opportunism is again trumping the good of the nation.
Indexation removal from LTCG is retrospective tax. Wrong to assume real estate only appreciates
The removal of indexation benefit from the computation of long-term capital gains on real estate is nothing short of a retrospective tax. It’s also based on the erroneous assumption that real estate only ever appreciates in value. If simplification is the aim, the new system must come into effect prospectively.
Opposition’s strategy on Budget discussion is how it should be. Participate, not disrupt
Lok Sabha discussions on Budget strike a welcome contrast from past decade. Opposition has found voice while Treasury Benches look willing to listen to criticism. That’s how it should be. That’s what people also conveyed through 2024 mandate. Opposition must stick to its strategy to participate in, not disrupt, proceedings.
Why the reluctance to hold a national census. Genuinely intrigued and puzzled.