The Hindu Editorial (Equitable distribution) – Mar 29, 2025
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The Hindu Editorial (Equitable distribution) – Mar 29, 2025:
- equitable (adjective) – fair, just, impartial, even-handed, fair-minded, non-discriminatory, egalitarian.
- Public Accounts Committee (PAC) (noun) – a committee of selected members of parliament, constituted by the Parliament of India, for the purpose of auditing the revenue and the expenditure of the Government of India.
- committee (noun) – panel, council, advisory group.
- resonate (verb) – resound, echo, reecho, repeat, reverberate, vibrate.
- scathing (adjective) – harsh, bitter, aggressive, stinging, biting.
- regime (noun) – system.
- tax compliance (noun) – the degree to which a taxpayer complies (or fails to comply) with the tax rules of his or her country, for example by declaring income, filing a return, and paying the tax due in a timely manner.
- compliance (noun) – conformity, observance, observation, accordance, adherence.
- at the outset (phrase) – at the start of; to begin with, initially, at first, in the first place.
- highlight (verb) – emphasise, underscore, underline, stress, call/draw attention to.
- percentage point (noun) – the difference between two percentages is termed as percentage point. (for example: “Interest Rates Jump From 10% to 12%”. In this case, the interest rate increased by “2 percentage points” or you can say that the interest rate is increased by 20%).
- drop (noun) – decrease, decline, reduction.
- prior to (phrase) – before.
- pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
- discrepancy (noun) – contradiction, difference, variance, variation, deviation, dissimilarity, disagreement, paradox, incongruity.
- flag (verb) – indicate, point out, identify; draw attention to something
- compensation (noun) – payment, repayment, settlement (for loss/damage).
- GST Compensation (noun) – Under the GST law (In India), state governments are guaranteed full compensation for any revenue loss for the first five years after the introduction of the goods and services tax (GST) in July 2017. The compensation is a gap between actual revenue collected and projected revenue.
- stand out (phrasal verb) – be noticeable, be visible, be striking, be distinctive.
- strain (verb) – overburden, overtax, overwork.
- functioning (noun) – performance, behavior, activity.
- federal (noun) – relating to a system of government in which establishments such as states or provinces share power with a national government.
- structure (noun) – system, framework, arrangement.
- furnish (verb) – give, present, provide.
- Comptroller and Auditor General (CAG) of India (noun) – it is empowered to audit all expenses from the combined fund of the union or state governments, whether incurred within India or outside.
- timely (adjective) – prompt, well timed, at the right time, opportune, appropriate.
- rollout (noun) – official launch/introduction.
- centralise (verb) – concentrate, consolidate, cluster, unify, bring under one roof.
- bone of contention (or) point of contention (noun) – a main subject/topic of an argument or disagreement; point at issue, matter in question
- diminished (adjective) – reduced, declined, decreased.
- fiscal autonomy (noun) – financial freedom.
- fiscal (adjective) – financial.
- autonomy (noun) – independence, freedom.
- destination-based tax (adjective) – relating to the tax (for goods/services) that will be imposed at the place where they are consumed and not at the origin.
- levy (noun) – impose, charge, collect (a tax, fee or fine).
- at the point of (phrase) – very close to, at the verge of.
- point of consumption (noun) – the final destination/place where the service/goods delivered.
- adversely (adverb) – unfavourably, disadvantageously, badly, negatively.
- manufacturing-heavy (adjective) – relating to the place (i.e.,. states) with dense manufacturing units.
- address (verb) – tackle, deal with, attend to, try to sort out.
- GST (Compensation to States) Act, 2017 (noun) – An Act to provide for compensation to the States for the loss of revenue arising on account of implementation of the goods and services tax in pursuance of the provisions of the Constitution (One Hundred and First Amendment) Act,
2016. - mandate (verb) – order, instruct, direct, command, require, prescribe.
- base year (noun) – the year with which the values from other years are compared.
- governance (noun) – administration.
- attribute (verb) – ascribe, assign, credit, connect with, associate with.
- indifferent (adjective) – careless, casual, unconcerned, complacent, slack, lax, apathetic, uninterested.
- striking (adjective) – noticeable, obvious, conspicuous, evident, salient, visible, distinct, clear-cut, notable.
- cite verb) – invoke, mention, refer to, point to, adduce, turn to, resort to, have recourse to, use, put to use.
- inconsistency (noun) – unpredictability, incompatibility, difference, discrepancy, contradiction.
- amount to (verb) – comprise, constitute, compose, form, represent.
- lackadaisical (adjective) – lax, neglectful, careless, negligent, lazy, inefficient, incompetent, inattentive, offhand, casual, disorderly, disorganized.
- establish (verb) – create, form, appoint, constitute, set up, initiate.
- mechanism (noun) – procedure, system, method, structure, medium, means, channel, vehicle.
- call for (phrasal verb) – require, publicly ask/necessitate, demand.
- comprehensive (noun) – complete, thorough, extensive, wide-ranging, all-embracing, in-depth, widespread, sweeping, far-reaching.
- likely (adverb) – probably, presumably, potentially, doubtlessly.
- up (verb/adjective) – increase.
Note :
1. Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc. from http://www.oxforddictionaries.com/.
2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purposes only and they may vary in a different context.
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.
The Hindu Editorial (Equitable distribution) – Mar 29, 2025:
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The 19th report of Parliament’s Public Accounts Committee (PAC) is appropriately scathing in its criticism of the Goods and Services Tax (GST) regime, introduced in July 2017 to simplify, unify and improve indirect tax compliance in India… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Equitable distribution) – Mar 29, 2025.