I wish taxes could be lower, but India needs funds: FM

I wish taxes could be lower, but India needs funds: FM

Union Finance Minister Nirmala Sitharaman on Tuesday justified the present taxation regime, saying that the country needs resources to meet the challenges facing the nation and also to fund research and development activities. Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal. While appealing to the scientist community to do more research on the storage of renewable energy, Sitharaman said the world has promised a lot of money towards transitioning from fossil fuel to renewable energy but that money is yet to come.

Read more : https://www.bizzbuzz.news/economy/i-wish-taxes-could-be-lower-but-india-needs-funds-fm-1333664

Adhitya Ganesan

MLOps | Solutions & Platform Engineer | Fullstack Developer | SRE

7 个月

I wish taxes could be lower, but party needs election funds

Jitesh K.

Solutions Architect | Cloud Architect | Project Manager

7 个月

It's not Indian public, political parties needs funds to run own shop and organization.

BizzBuzzNews we are making a sincere effort to solve this critical problem of high taxation and poor tax collections. Kindly check our latest pinned post for more details Our initiative proposes a 1% tax that increases government revenue by 250% and saves Indian taxpayers 90% on income tax. Check our pinned post for details.???? All our analysis is done based on government submitted financial information https://www.dhirubhai.net/posts/tax-reform-india_1-tax-proposal-activity-7218995924839059457-oMj_?utm_source=share&utm_medium=member_android

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