Introduction: The GST Council in India convenes periodically to discuss and refine tax structures. Each meeting brings forth a mix of positive and negative developments, often revealing new ironies and fallacies within the economy. This article sheds light on certain inconsistencies, focusing on the taxation of non-branded atta or wheat, the exemption of cricket games like IPL from GST, and the associated revenue generation. Taxing Essentials, Exempting Entertainment: One of the glaring ironies in the Indian tax system is the imposition of GST on non-branded atta or wheat, an essential commodity consumed by the poor. Despite the burden on those struggling to make ends meet, cricket, a form of entertainment, remains exempt from GST. The Board of Control for Cricket in India (BCCI), the governing body of cricket in India, enjoys tax-free status despite being the wealthiest cricket governing body globally. Example: A daily wage laborer, s...
Exploring the Paradox of Academic Excellence and Real-World Incompetence Unraveling the Dichotomy of Academic Brilliance and Practical Inefficiency Over the years, I have had the privilege of interacting with a diverse array of students, ranging from mature learners, parent-students, to research scholars. These individuals, adept at navigating their professional lives, often exhibit a unique perspective towards education, viewing it as a communal activity or a sacred journey of enlightenment and progress. However, a striking observation that emerges from my interactions with these research scholars and students is their ability to circumvent the conventional education system to achieve their academic goals. This phenomenon is not a reflection of their intellectual prowess but rather an indication of their survival instinct in a system that values degrees over knowledge. For instance, many of these students have been nurtured by 'helicopter paren...