ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Indirect TaxesSubscribe to Indirect Taxes

Task Force Report on Indirect Taxes: A Critique

While the consultation paper released by the Task Force on indirect taxes headed by Vijay Kelkar has some very important suggestions which are easy to agree with, there is scope for serious difference of opinion in respect of many of its recommendations. And some of its proposals are not enough to achieve the objectives for which they have been put forward.

Indirect Taxes

The Budget for 2002-03 has done little for rationalisation of indirect taxes. The changes made are marginal and no structural reform of the type suggested by many economists, analysts and committees has been attempted. Doling out exemptions has remained the key consideration and we seem to be back to the itemby- item approach of the 1970s and 1980s.

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