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RE:Rmove subsidies increase indirect taxes
by Common Admi on Jun 05, 2008 06:14 PM

Yes, Mr. Bharat is absolutely correct. It is only the salaried class that gets taxed. Even the big business houses, though they get taxed, but the taxes on their income is much less than what it should actually be because they show a lot of bogus expences.

Their was a proposal earlier that no income tax should be levied on the salaries but sales taxes and other indirect taxes should be increased, which was later shelved.

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Bandh cripples life in Left-ruled states