New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
The officers concerned are not new entrants .They have more than 20 years of experience in the department. The making of recommendations public could have had adverse effect on the business people who are already under pressure due to the lockdown..People in general dont know the structure and in all probility would view the recommendations as the govt policy.
The officers concerned are not new entrants .They have more than 20 years of experience in the department. The making of recommendations public could have adverse effect on the business people who are already under pressure due to the lockdown..
Unfortunately our education curricula as well as the Govt. recruitment process and the policies are anti wealth creation. We have been very poor in wealth utilisation and even not to mention the uncontrolled unproductive expenses. All these officers – IRS/ IAS/ IFS/ IPS, etc. belong to a culture of political yes-manship and almost all of our political class only knows appeasement as a vote catching tool. As a result we never punish any one for wrong doing. I sincerely hope that current Govt. will show the courage to make some deep and fundament changes to our Governance model.
This report by young officers makes me wonder if the SOCIALISTIC curriculum of IRS training course has been updated in last 29 years since 1991. Also if senior officers had revision courses on this subject.
So the commentator thinks that it is the daily wage earners and the middle class should be taxed to fund the shortfall. No burden on the rich. Govt. should spend on central vista, bullet trains and staues. I am sure such wisemen are rare to find and only born in BJP heaven.
The disciplinary action was warranted.
The proposal should have been forwarded through the normal departmental channels and not in the Media.
The impact on the business community and the wealthy should have been calculated more carefully.
Which is why a non-IRS officer heads the tax levying structure.
There is too much bulls..t going in these arguements. For some, like this writer here, who theorise on behalf of corporate interests, tax itself is terrorism. They have no advice for the rich who still build their empires on the backs of cheap labour. Let common wages be adjusted to inflation, currency, economy and basic needs across the globe, then we’ll see how competitive or meritorious Indian businesses largely are. Look at the private wealth they have amassed. No govt has been able to motivate them to share the riches earned on this land with their countrymen. Not even this patriotic govt that put a 1.4 lak cr waiver in their pockets as corporate tax cuts even as they claimed in courts they were getting their plans ready to face Covid. And this is not some post-Covid talking. This has been the Indian experience forever. For the writer, that the rich won’t pay taxes is commonsense. And he wants us to accept it. That’s the most objectionable part of this rubbish. And instead of looking at the stark income differences he builds his theory around how taxing the rich will bleed the poor. It will. So why not begin by asking why it should be so. But that requires thinking and economic philosophy, which the writer lacks. No matter which university he is from.
Tax the common man and get away with a pat on the back. Maybe “double promotion”.
Touch the rich,tax them to prevent free flow of black money and burn your fingers. Politicians do not get monthly salary for “social work”. Super Rich reward them for Political work and give them unlimited incentives. Common man follows the Politician and the Politician follows the Rich. Universal Truth.
The article is too way off the reality and only based on what the author has been fed or read in the media. Who sets the target for collection for each year? Who says Annual appraisal will be based on achievement of targets set? Can the targets raised by 10%-15% every year without considering the state of economy? Why is the top Revenue administrator never responsible for low revenue collection? has top revenue administrator ever been a direct tax collector – contributor of 55% AND what role in collecting indirect taxes also? All news article after that report of some officers has jumped the gun and not delved in detail about pro- people measures.
Quite agree that raising tax rate was not a good suggestion.
This is a joke. And based off the ads I’m seeing I’m not so surprised to hear this agenda being spat at me. Corporate tax breaks are not the answer; trickle down economics are the equivalent to santa claus- he exists in theory but really not at all.
The report by IRS officers shows the deeply ingrained mentality of a typical government servant in India. He is there to extract a just tax from the dishonest businessman and collect it for the government to spend on the welfare of the poor. In the process, if he can enrich himself by way of some deal with the tax payer, that is even better as he collects for both government and himself! In this schema, business class is presumed to be looters and only thing that the government can do is to collect taxes and redistribute wealth. there is no clue of how wealth creation and distribution process at given time and over a given period works.
Government took a right decision to call for their explanation as this is not their official job nor any one asked them to give their views. Such non sense must be stopped; we have surfeit of self styled free advisors on every issue and we do not need one more set of such advisors, especially from within the government.
Anyway, hope Modi now comes out with practical measures to kick start economy, before IAS officers comes out with their own recommendations!.
“That said, the government should not have gone further and taken disciplinary action against the intrepid officers. They were clearly acting in good faith.”
“It is not in the public interest to demoralise them so early in their careers by throwing the book at them.”
These are strange statements to make when writing about something that is seen by so many as poorly researched and thought through.. It should be reasonable to expect that the care of the country’s financial well-being is entrusted to people who are actually competent. India suffers because we excuse incompetence by declaring it to be in good faith.
Well written. Perhaps we should all appreciate the zeal of those officers who were only doing what they were taught, collecting taxes at any cost. This entire fiasco goes to show that poor economics is in the psyche of even the cream of the country who become IAS/IPS/IRS etc. One day we should all go to
a Pilgrimage, to the Lenin’s statue in Lutyen’s Delhi. It is him and likes of him that was venerated for so many decades and that veneration brought bad economics into Indian education.
The officers concerned are not new entrants .They have more than 20 years of experience in the department. The making of recommendations public could have had adverse effect on the business people who are already under pressure due to the lockdown..People in general dont know the structure and in all probility would view the recommendations as the govt policy.
The officers concerned are not new entrants .They have more than 20 years of experience in the department. The making of recommendations public could have adverse effect on the business people who are already under pressure due to the lockdown..
Unfortunately our education curricula as well as the Govt. recruitment process and the policies are anti wealth creation. We have been very poor in wealth utilisation and even not to mention the uncontrolled unproductive expenses. All these officers – IRS/ IAS/ IFS/ IPS, etc. belong to a culture of political yes-manship and almost all of our political class only knows appeasement as a vote catching tool. As a result we never punish any one for wrong doing. I sincerely hope that current Govt. will show the courage to make some deep and fundament changes to our Governance model.
This report by young officers makes me wonder if the SOCIALISTIC curriculum of IRS training course has been updated in last 29 years since 1991. Also if senior officers had revision courses on this subject.
So the commentator thinks that it is the daily wage earners and the middle class should be taxed to fund the shortfall. No burden on the rich. Govt. should spend on central vista, bullet trains and staues. I am sure such wisemen are rare to find and only born in BJP heaven.
The disciplinary action was warranted.
The proposal should have been forwarded through the normal departmental channels and not in the Media.
The impact on the business community and the wealthy should have been calculated more carefully.
Which is why a non-IRS officer heads the tax levying structure.
There is too much bulls..t going in these arguements. For some, like this writer here, who theorise on behalf of corporate interests, tax itself is terrorism. They have no advice for the rich who still build their empires on the backs of cheap labour. Let common wages be adjusted to inflation, currency, economy and basic needs across the globe, then we’ll see how competitive or meritorious Indian businesses largely are. Look at the private wealth they have amassed. No govt has been able to motivate them to share the riches earned on this land with their countrymen. Not even this patriotic govt that put a 1.4 lak cr waiver in their pockets as corporate tax cuts even as they claimed in courts they were getting their plans ready to face Covid. And this is not some post-Covid talking. This has been the Indian experience forever. For the writer, that the rich won’t pay taxes is commonsense. And he wants us to accept it. That’s the most objectionable part of this rubbish. And instead of looking at the stark income differences he builds his theory around how taxing the rich will bleed the poor. It will. So why not begin by asking why it should be so. But that requires thinking and economic philosophy, which the writer lacks. No matter which university he is from.
Tax the common man and get away with a pat on the back. Maybe “double promotion”.
Touch the rich,tax them to prevent free flow of black money and burn your fingers. Politicians do not get monthly salary for “social work”. Super Rich reward them for Political work and give them unlimited incentives. Common man follows the Politician and the Politician follows the Rich. Universal Truth.
The article is too way off the reality and only based on what the author has been fed or read in the media. Who sets the target for collection for each year? Who says Annual appraisal will be based on achievement of targets set? Can the targets raised by 10%-15% every year without considering the state of economy? Why is the top Revenue administrator never responsible for low revenue collection? has top revenue administrator ever been a direct tax collector – contributor of 55% AND what role in collecting indirect taxes also? All news article after that report of some officers has jumped the gun and not delved in detail about pro- people measures.
Quite agree that raising tax rate was not a good suggestion.
This is a joke. And based off the ads I’m seeing I’m not so surprised to hear this agenda being spat at me. Corporate tax breaks are not the answer; trickle down economics are the equivalent to santa claus- he exists in theory but really not at all.
The report by IRS officers shows the deeply ingrained mentality of a typical government servant in India. He is there to extract a just tax from the dishonest businessman and collect it for the government to spend on the welfare of the poor. In the process, if he can enrich himself by way of some deal with the tax payer, that is even better as he collects for both government and himself! In this schema, business class is presumed to be looters and only thing that the government can do is to collect taxes and redistribute wealth. there is no clue of how wealth creation and distribution process at given time and over a given period works.
Government took a right decision to call for their explanation as this is not their official job nor any one asked them to give their views. Such non sense must be stopped; we have surfeit of self styled free advisors on every issue and we do not need one more set of such advisors, especially from within the government.
Anyway, hope Modi now comes out with practical measures to kick start economy, before IAS officers comes out with their own recommendations!.
“That said, the government should not have gone further and taken disciplinary action against the intrepid officers. They were clearly acting in good faith.”
“It is not in the public interest to demoralise them so early in their careers by throwing the book at them.”
These are strange statements to make when writing about something that is seen by so many as poorly researched and thought through.. It should be reasonable to expect that the care of the country’s financial well-being is entrusted to people who are actually competent. India suffers because we excuse incompetence by declaring it to be in good faith.
IRS & Income Tax Officers are corrupt. They earn Crore Rs per month by bribe. Please tax 40% on this IRS & Central Government officers
Well written. Perhaps we should all appreciate the zeal of those officers who were only doing what they were taught, collecting taxes at any cost. This entire fiasco goes to show that poor economics is in the psyche of even the cream of the country who become IAS/IPS/IRS etc. One day we should all go to
a Pilgrimage, to the Lenin’s statue in Lutyen’s Delhi. It is him and likes of him that was venerated for so many decades and that veneration brought bad economics into Indian education.