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One sided provisions in taxation laws

Jitender Ranka

By looking at interest provisions and many other provisions in GST, income tax and other provisions it seems Mr. Jately is not at all a fit person to be a Finance Minister. Many provisions in these laws are such that shows government dictatorial thinking which portrays public as helpless cows whom they can draw milk to the extent of it's blood.

Interest of 18%pa is levied on late payment of tax while on refund government will pay meagre 6%pa.

We as public decry such thinking and government should make equal provisions for public and for lapses from government side.

We as public also raise our voice and government must hear it loud and clear. We did not elect Mr. Jately then how are you making him a minister for such long period? Government must remove Me. Jately immediately. This main has put whole Nation to hardships by advising government to maintain dictatorial attitude and when there is noise then make changes. Why make mindless provisions????

Interest parity in taxation: unequal interest on late payments versus refunds demands legislative parity and fair enforcement. The submission criticizes tax law interest mechanics as one-sided: interest charged on late taxpayer payments greatly exceeds interest paid on refunds, creating an inequitable burden and prompting calls for legislative parity and reciprocal obligations between taxpayers and the revenue authority. (AI Summary)
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DR.MARIAPPAN GOVINDARAJAN on Oct 14, 2018

Our representatives to the Parliament are not so bothered about such provisions. Like that the professional bodies also.

Ganeshan Kalyani on Oct 25, 2018

Swachh Bharat Cess is collected from the public. And there is a required to the public itself to keep the area clean. Isn't the statement contradictory.

Ganeshan Kalyani on Oct 25, 2018

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