RE:Increasing the tax base
by Sagar Haval on Mar 03, 2007 01:12 AM Permalink
And what about the non salaried ppl who dont declare their income or under declare their income. I guess these are the ppl who can make a big difference and add atleast 5 more points to the current GDP of 8%, if they pay up the taxes. There are lakhs of such small/medium business men who declare their income as 40,000/- per anum which is lesss than even a begger in a city.
RE:RE:Increasing the tax base
by Rohit on Mar 11, 2007 04:30 AM Permalink
How EXACTLY will more tax revenue caus GDP growth to jump from 8% a year to 13% a year?
Do you know ANYTHING about Economics or do you feel obligated to publicize your IGNORANCE?