"Prime Minister Faces Backlash Over Controversial Tax Reform Proposal"

Prime Minister Faces Backlash Over Controversial Tax Reform Proposal

Prime Minister Narendra Modi's government is encountering significant opposition following the introduction of a comprehensive tax reform proposal aimed at simplifying India's tax structure. While the initiative seeks to streamline tax compliance and enhance revenue generation, it has sparked criticism from various quarters, including state governments, opposition parties, and business communities.

Key Aspects of the Tax Reform Proposal

The proposed tax reforms encompass several measures designed to modernize India's tax system:

Simplification of Tax Slabs: The introduction of fewer tax brackets aims to reduce complexity and make the tax system more user-friendly.
Digitalization of Tax Filing: The proposal includes provisions to mandate digital tax filing, intending to improve efficiency and reduce errors.
Enhanced Surveillance Measures: To curb tax evasion, the reform suggests increased surveillance of financial transactions and digital activities.