Taxation System — Mains Questions

Critically analyze the effectiveness of India's tax policy in achieving both revenue mobilization and equitable distribution of wealth. What reforms would you suggest to address the existing challenges?

The Goods and Services Tax (GST) was hailed as a 'game-changer' for the Indian economy. Discuss the major challenges encountered during its implementation and suggest measures to further streamline the 'One Nation, One Tax' regime.

Examine the role of taxation as a fiscal tool in reducing income inequality in India. What are the limitations of the current system in achieving this objective?