FURTHER RELIEF

Source: The Hitavada      Date: 12 Jan 2019 09:58:55


 

FURTHER RELIEF

THE Goods and Services (GST)   Council in its latest decision to offer newer concessions has shown that it is alive to the problems faced by small businesses while complying with different tax regimes and is willing to offer required relief to them. By allowing small businesses to file only one return on yearly basis, the GST Council has taken one more major step in relieving businesses of cumbersome procedures, though there is no escape from paying taxes on quarterly basis. But with the raising of the exemption from the present Rs. 20 lakhs to Rs. 40 lakhs for registering, a large number of small businesses would be out of the purview of the GST regime.

Ever since the launching of indirect tax reforms the GST Council has taken several measures to ease pressure on businesses and also offer relief to common man. Demonetisation had a crippling effect on micro, small and medium enterprises. It was, therefore, necessary to offer some relief in the form of lower tax burden and allow them to stand on their feet again though the Government may have to sacrifice some revenue due to latest concessions.

 

RAI’S RUMBLE

POOR communication, indecision, ego clashes and unsolicited utterances continue to dog the functioning of the Board of Control for Cricket in India (BCCI). Unsure of their exact role in running the Board, the acting executive and the Committee of Administrators (CoA) are creating a dirty mess over every issue that comes up at a point of final decision.

CoA chief Vinod Rai and member Diana Edulji have made it a habit of washing their dirty linen in public, for, they agree to disagree over any point. Be it the sexual harassment case against CEO Rahul Johri, dropping of Mithali Raj from the World T20 final, selection of coach for women’s team or the latest recommendation of a punishment to Hardik Pandya and KL Rahul, the CoA has remained a divided house.

Pandya and Rahul’s comments against women must be condemned with strict action. Rai has recommended a two-ODI ban for the duo. But whether he is authorised to take such action is a point of debate. The SC certainly did not vest powers of a BCCI boss to Rai or Edulji. Both must realise this fact and mend ways.