Monday, 19 May 2014

Modi promising a better nation: BJP's proposal to scrap income tax!! Pretty interesting!!

Modi promising a better nation: BJP's proposal to scrap income tax!! Pretty interesting!!  

With the coming up of a new government, come new economic reform plans in place. Different forms of taxes, sales taxes, flat taxes, are a duck soup for those who can afford to pay higher taxes, and harder on those who can’t. Some even claim they are fairer, some necessary, but the real point is that every year, people fall prey to tax scams. 


I see growing cognizance on Social Platforms on the modus operandi for calculating the service tax levied on food served in restaurants (just an example). I've personally seen my food bills rising by 30% or so. Obnoxious no??


Nonetheless, it’s amazing to know that people are finally trying to pragmatically look at things/situations, participating in political discussions, rants, heated debates, rather than merely accepting what comes their way.



BJP's new tax policies to provide a conducive tax environment, rationalizing and simplifying the tax regime, keep people hopeful on the current situation

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