ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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OBITUARY- Jitendra Mohan

Mitra has been forced to reduce taxes on motorised two-wheelers, tractors and some machinery because the earlier high rates had pushed the point of sale to neighbouring states with lower tax rates. So he hopes to collect more through a reduction. Similarly, the tax on VCRs has been brought down from Rs 1,000 to Rs 250 in the hope that there will be better compliance. It is doubtful if he will succeed because the Centre's decision to abolish licence fee on TV and VCR will make detection much more difficult.

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