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Government should reduce all I Tax rates by 5%
by Prof R K Gupta-India on Feb 07, 2008 01:34 AM

government should now reduce I Tax rates in all slabs by 500 percentage points and also increase tax free income to 2 lacs.Remove all stupid concessions and exemptions except for cahrity and donations to registered well audited socila welfare schemes and projects.
The babudom and inspector Raj should be finished.
It should be simple to calculate I tax in 5 mionutes and fill 3 blanks ,besides PAN numbre ,name and adress of tax payee and his orgnaisation.bring equality for men and women tax payeees.Stop allcaste,based and gender based disffernecs except for more than 30% disabled persons.


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