I owuld like to point out to you that the current IndiaN tax system is based on the western model run by the British raj. Britain lost her rule over america over taxes. This indicates the unfiar nature of the British tax regime. In fact, Robert Kiyosaki in his bestseller book "Rich dad, Poor dad" has detailed the evolution of the british tax system and its deficiencies/drawbacks like an ever expanding bureaucracy, spendthrift governments, weakening of currencies by governemnts, inflation, etc.