Finance Minister Palanivel Thiaga Rajan on Thursday announced that reforms were being undertaken to bring in transparency and enhanced administration, including a beneficiary-centric form of governance where all government schemes across departments will be delivered in an integrated manner through one nodal system for each type of beneficiary. This would be akin to the single-window systems for Industries (existing) or real estate firms (announced in this Budget), he said.
Replying to the debate on the Tamil Nadu Budget 2022 in the Assembly, Mr. Thiaga Rajan said there was a need to take a look at registration and tax rates that had remained unchanged for the last 15-20 years, as not adjusting these rates for inflation was perilous to the State’s financial position.
“People get what they pay for. An aspirational society cannot achieve it if we don’t get enough revenue. For the past 20 years, 15 years...there has been no change in rates. For example, the tax on commercial vehicles registration has remained unchanged for the last 20 years,” he said.