Results for: Tax System

Aam Aadmi Party MP Raghav Chadha criticized the Modi government’s tax system in the Rajya Sabha, reciting a poem that highlighted the perceived burden of taxes on various aspects of life. He also criticized the government’s decision to remove indexation benefits for real estate, arguing that it would discourage investment and lead to increased black money in the sector. Chadha called for the restoration of full indexation to incentivize investors and ensure fair taxation.

The complex and fragmented nature of our tax, social welfare, and education systems stems from the undue influence of special interests in our political system. Restructuring the political system to minimize their influence is crucial for comprehensive reforms in these critical areas.