ದಿ ಹಿಂದೂ ಸಂಪಾದಕೀಯ “Soothing salvo: On new Group of Ministers and tax changes for insurance policies”  ಬಳಸಲಾದ Idioms and Phrases 

Sep 11, 2024 - 08:14
 0  10
ದಿ ಹಿಂದೂ ಸಂಪಾದಕೀಯ “Soothing salvo: On new Group of Ministers and tax changes for insurance policies”  ಬಳಸಲಾದ Idioms and Phrases 

ದಿ ಹಿಂದೂ ಸಂಪಾದಕೀಯ “Soothing salvo: On new Group of Ministers and tax changes for insurance policies”  ಬಳಸಲಾದ Idioms and Phrases 

The government holds out hope that the new tax policies will benefit both investors and the insurance sector. The changes were introduced to calm the rising clamour for a more straightforward tax structure and to ease concerns about recent tax hikes. The finance minister is expected to take a call on the final implementation of these policies after discussions with stakeholders.

Although some have staunchly defended the previous policies, others have echoed the sentiment that changes were necessary to support long-term growth. Critics argue that the previous tax regime was tantamount to discouraging investments in insurance policies. The finance ministry, however, has decided to desist from tom-tomming the new measures, preferring a more subdued approach.

These changes are expected to help the sector tide over the current challenges, especially after facing disruptions due to the pandemic. Some have expressed concerns that the new policies may be presented in the guise of investor-friendly reforms but could carry hidden drawbacks. Nonetheless, the focus remains on ensuring benign taxation for the insurance industry to support its growth.

 1) Hold out hope
  • Meaning: To maintain a belief that something will happen, even if it seems unlikely.
  • Example: "Despite the challenges, the team held out hope that they would meet the project deadline."
2)  Calm the rising clamour
  • Meaning: To reduce or alleviate the increasing public outcry or demand.
  • Example: "The government’s decision to lower taxes was aimed at calming the rising clamour from citizens."
 3) Take a call
  • Meaning: To make a decision about something.
  • Example: "The manager will take a call on the budget allocation after reviewing the proposals."
4)  Staunchly defended
  • Meaning: To protect or support something with strong conviction.
  • Example: "The minister staunchly defended the policy despite criticism from the opposition."
5)  Echoed the sentiment
  • Meaning: To express agreement or share a similar feeling or opinion as others.
  • Example: "Several members of the committee echoed the sentiment that more research was needed before making a decision."
6)  Tantamount to
  • Meaning: Equivalent in effect or meaning.
  • Example: "Ignoring the safety guidelines is tantamount to putting people at risk."
7)  Desist from tom-tomming
  • Meaning: To refrain from boasting or making a loud announcement about something.
  • Example: "The company decided to desist from tom-tomming its recent success to avoid unnecessary attention."
 8) Tide over
  • Meaning: To help someone get through a difficult situation, often by providing temporary assistance.
  • Example: "The loan helped the business tide over during the economic downturn."
9)  In the guise of
  • Meaning: In the form or appearance of something, often deceptively.
  • Example: "The program was presented as a safety initiative, but it was actually a cost-cutting measure in the guise of protection."
10) Benign taxation
  • Meaning: A tax policy that is gentle or less harmful.
  • Example: "The government introduced more benign taxation for small businesses to encourage growth."

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow