The Congress party has released its manifesto for the elections 2019. One of the striking promises made in the manifesto is that the extraordinary discretionary powers given to the tax department which has led to \u2018tax terrorism’ will be ended. Several reforms for the judiciary have also been announced including the enhancement of representation at all levels of the judiciary for women, SC, ST, OBC, minorities and other under-represented sections of society<\/p>\n
In the last 5 years, tax authorities have been given extraordinary discretionary powers that have throttled industry and come to be described as \u2018tax terrorism.\u2019 Investigative agencies have misinterpreted the laws and have instilled fear among businesspersons. Congress will review these discretionary powers and arbitrary actions and take steps to allow industry and business to function with a large degree of freedom.<\/p>\n The 2 major taxes that will be the backbone of the economy are Income Tax and Goods and Services Tax. Congress reiterates its firm belief that the principles underlying these taxes should be simplicity, transparency and progressivity. Besides, a good tax administration must place trust in, and enjoy the trust of, taxpayers. Congress will put an end to the tax terrorism unleashed by the BJP government that has put uncertainty and fear in the minds of individuals and businesses.<\/em><\/p>\n Father of tax terror and retrospective tax is now talking of a tax-friendly government!!! To be fair to @INCIndia<\/a> and @RahulGandhi<\/a> neither @arunjaitley<\/a> nor @narendramodi<\/a> did much to reverse Cong's retro taxes pic.twitter.com\/tNa5MtjIYI<\/a><\/p>\n — Sunil Jain (@thesuniljain) April 2, 2019<\/a><\/p><\/blockquote>\n\n