Tax matters
Income tax slab to everyone standard deduction to be increased to 5 lakhs.
Since most of the mlas,mps,bususinespeople,business houses, are enjoying a lot of subsidies, amounting to multicrore rupees,and the honest employee tax payers in lower,middle income,groupes suufer a lot by paying heavytax burden and they can't hide any income more
Since most of the mlas,mps,bususinespeople,business houses, are enjoying a lot of subsidies, amounting to multicrore rupees,and the honest employee tax payers in lower,middle income,groupes suufer a lot by paying heavytax burden and they can't hide any income more
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I still repeat my earlier proposal on Tax rates. May be the tax on corporations also should be brought down. They should not be required to pay taxes on Dividend. more
Aug 19
Mr. Darshan SIngh, you are totally correct. The revenue earned through the taxes collected is much less than the expenditure incurred on the staff and the infrastructure. That is because far less people are paying taxes many hiding their true income. This results in black money. The situation can be corrected by making every transaction accountable (at least 90%) so that more and more people can be brought under the tax bracket. more
Aug 05
This great loss to the governments is going on for years but no government cares to tap this source. This not only causes injustice to the government and private employees but also encouraging inequality in the society. more
Aug 05
