Govt should eye better collections than raising taxes for funds: Survey
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IANS
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Wed, Jan 27 2021 17:18 IST
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Tax. (IANS Infographics). Image Source: IANS News
New Delhi, Jan 27 : A fund-starved government will be better off looking at increased collections fuelled by an economic recovery and improved technology driven enforcement rather than through the introduction of new taxes, a KPMG survey showed on Wednesday.
According to the pre-budget survey 2021-22, only 2 per cent of the respondents feel that raising taxes would be the solution to mobilise additional revenue for the government that sees an increase in its expenditure due to the pandemic.