DARLENE RYAN 🇨🇦Apr 2, 2025
#trumptariffs #TaxTerrorism
Show threadGeetVJan 25, 2020

Now that India faces 1st fall in direct taxes in at least 2 decades, how soon before incompetent Fuhrer authorizes the taxman to freeze every citizen's bank account? #TaxTerrorism
#KhotiNiyatJhootaVikas
#ModiMadeEconomicCrisis
#ModiHaiToMandiHai

https://www.livemint.com/news/india/in-fy20-india-faces-first-fall-in-direct-taxes-in-at-least-two-decades-report-11579866521191.html

In FY20, India faces first fall in direct taxes in at least two decades: Report

The tax department managed to collect only ₹7.3 trillion as of 23 Jan, more than 5.5% below the amount collected in the year-ago period, said a senior tax official.Direct taxes typically account for about 80% of the government's projections for annual revenue

GeetVJan 25, 2020
Under GST law, a commissioner has been given unfettered power to👉order attachment of bank accounts, based on his "opinion" without giving reasons
#TaxTerrorism will make up for the tax collection shortfalls as #ModiHaiToMandiHai
#ModiMadeEconomicCrisis
https://thewire.in/business/crackdown-gst-fraud-limits-taxman/amp/?__twitter_impression=true
Crackdown on GST Fraud: Do We Need Limits on When a Taxman Can Attach a Bank Account?

Under GST law, a commissioner has been given unfettered power to order attachment of bank accounts based on his opinion.