Q.3 What are the implications of increased share of indirect taxes in gross tax revenue in India? (10 Marks)

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2 responses to “Q.3 What are the implications of increased share of indirect taxes in gross tax revenue in India? (10 Marks)”

1. 

   August 16, 2022

   Sri Sowmya

   PAYMENT ID: Jh0fHqSxgz92SJ

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   1. 

      August 23, 2022

      Staff @CD

      Sowmya

      Decent attempt.
      Implication mentioned is good but you can divide the answer into two parts, otherwise it looks like an essay.
      In first part mention about increased share of indirect taxes, lower corporate tax, removal of wealth tax etc.
      In next part, mention the implications. In implications, other than being anti-poor, you can also mention about India’s fiscal crunch, some data on debt to GDP can be mentioned.
      Conclusion is fine.
      Keep practicing. 🙂

      4.5/10