WE ARE PAYING TAX FOR EVERYTHING. AND ALMOST 30-50% OF OUR INCOME GOES TO GOVERNMANTS AS TAXES. IT IS BETTER IF THE TAX SYSTEM BE REDESIGNED TO PAY TAX ONLY WHEN YOU BUY SOMETHING AND NOT WHEN YOU EARN MONEY (FOR AN INDIVIDUAL).
RE:INCOME TAX
by Niranjana Koodavalli on Feb 19, 2007 02:09 PM Permalink
I think this is an excellent thought :) Mr.FM please please consider this. Then I (Many) will not have problem in paying VAT,ST etc.
RE:INCOME TAX
by naresh chandra on Feb 19, 2007 01:55 PM Permalink
EVERYDAY WE ARE PAYING VARIOUS KIND OF TAXS BY WAY OF SREVICE TAX,VAT/SALES TAX & INCOME TAX ETC.& THE SALARIED CLASS PEOPLE PAYING TAX GENEUINELY, HENCE INCOME TAX ON SALARIED CLASS PEOPLE SHOULD BE LOW I.E. 10% ONLY.
