Examine the implications of India’s growing dependence on indirect tax revenue? Suggest the measures to reduce such dependence. 10 marks

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 … Continue reading Examine the implications of India’s growing dependence on indirect tax revenue? Suggest the measures to reduce such dependence. 10 marks