I think we have to pay taxes and there is no running away from it.
I would just recommend that when we pay taxes, then certain amount of it should be passed back to tex paying citizens in the form of pension etc. I earn a good salary today, a pay a very huge amount of tax every to the government. I have been doing so for many years now. What if I loose my job tomorrow or I am not able to earn for some reason, the government does not come to my rescue and I will have to fend for myself. This thought really troubles when I pay lakhs in taxes every year.
RE:Taxes..
by Shivaji Shelar on Feb 19, 2007 01:11 PM Permalink
Really, There should be social pension scheme for tax payers!!! This will make the process of tax paying more transperent. The basic limit should be raised to 2 lakh Rupees, and also on saving limit should be raised at least by 1.5 lakh rupees. There should be only one flat rate for individual and other for commercial tax payers.