Mentor’s comment-
- https://indianexpress.com/
article/opinion/columns/india- taxation-policy-fiscal- deficit-covid-impact-on- economy-indirect-tax-revenue- 6549290/ - In the intro, mention the share of indirect taxes in India’s total tax revenue.
- In the body, mention its implications such as the impact on the poor, lower tax to gdp ratio, lower expenditure on the education and health etc. In the suggestion, mention the wealth tax and increasing corporate taxes, increasing tax compliance etc.
- Conclude by mentioning the need to implement these measures as India’s tax to GDP ratio continues to be dismally low.
Comments
4 responses to “Examine the implications of India’s growing dependence on indirect tax revenue? Suggest the measures to reduce such dependence. 10 marks”
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Hi Taran
Good introduction.
You have explained the reasons for rising indirect taxes in a good manner.
Need to add more points in the implication part, you can write that increase in Indirect taxes often penalise the poor and the middle class more than the rich,. The pro-business policy has forced the centre to rely heavily on indirect tax-based revenues as evident from centre’s decision to increase the duty on fuel by a record Rs 10 per litre on petrol when global crude prices have been falling.
Need to diversify your content.
Way forward is good but try to give successful examples like from Europe, points out that high tax rates on the wealthy have played a key role in ensuring a strong social security net for the poor.
Concluding remarks are missing.
Work on content.
Avoid grammatical errors.
Keep writing, you will improve.
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Hi Unnati
Good introduction.
Give proper headings.
Implication part is decently explained.
Suggested strategy is decent.
Use of examples is appreciable.
Content wise good attempt but need to work on presentation to fetch better marks.
Work on handwriting, avoid scribbling.
Keep working hard.