Tuesday, October 27, 2015
Taxing governance
.The current BJP government has a worrying tendency to revising its stand be it on important policy pronouncements or even major Bills . Worse still, it can not make up its mind while addressing major corporate tax issues . The steady pile up of contentious assessment ,be it Vodafone and others and now Sanofi ,are an indication of a nebulous administration. This is the outcome of a mindset fixated on a unipolar governance ,that tends to ride rough shod over all else. Be it the farmer and his land,autonomy and key institutions ,citizen and right to free expression ,tax policies and transparency and so on,the government would like to have its way .Yet professing fair play and level playing field. Perhaps the experience of the ministers is unable to overtake their enthusiasm ,whereby differing but honest view points of the senior beauracracy are not accommodated ,resulting in faulty policy formulations . The aberration then continues by way of prolonged litigation to drag the issue till it get resolved in court or arbitration . Precious time is lost and ultimately ,there are no winners .
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