Kerala’s new UDF government proposes measures to improve tax collection, planning and project implementation
Kerala's new Congress-led UDF government has proposed measures to enhance tax collection and improve fiscal management as part of its Vision 2031 roadmap. The government aims to revamp the GST department and address issues related to Integrated GST settlements, which have reportedly caused significant revenue losses. Additionally, the UDF plans to strengthen the Kerala State Planning Board and increase transparency in project financing and budget assessments.
- ▪The UDF government plans to revamp the Goods and Services Tax (GST) department to improve tax collection.
- ▪A focus will be placed on resolving issues related to Integrated GST settlements, which have led to estimated losses of ₹20,000 crore to ₹25,000 crore.
- ▪The government intends to strengthen the Kerala State Planning Board and introduce measures for greater transparency in financial resource mobilization.
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Amid heated political debate over Kerala’s fiscal health, the State’s new Congress-led United Democratic Front (UDF) government has outlined certain measures, including a revamp of the Goods and Services Tax (GST) department, for improving tax collection, the planning process and overall fiscal position.The proposals are part of the Vision 2031 roadmap cleared by the State government. Although the previous Left Democratic Front (LDF) government had restructured the GST department, the UDF, then in Opposition, had termed it sloppy, delayed and ineffective.According to the proposals, the government will take steps to resolve the knotty problem of Integrated GST (IGST) settlement.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.