Speaking at CII’s national conclave, the minister said: “I want to highlight this point even if I didn’t intend to say it. Individual tax assesses have not been asked for one additional paisa to manage the Corona, nor has industry been taxed. Referring to criticism about direct tax collections being lesser than indirect taxes, putting a greater tax burden on the ordinary man, Ms Sitharaman said: “That’s not true. Now, gradually income tax is also improving. And with the disinvestment focus, I expect the fiscal situation to improve substantially so that we won’t have problems to address issues where money is required.”

Source: The Hindu August 12, 2021 11:36 UTC