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Squeezing the
by muthu kumar on May 04, 2007 11:55 AM   Permalink

whenevr any amendments / modifications / changes are made on IT, only the salaried people are affected. Only they need to provide PAN for all their transactions, pay taxes (any way it is deducted from salary), VAT, Sales Tax, File IT Returns with a true Balance Sheet. From this middle men also get benefited. But all original wealthy persons, who are earning more than enough, do their transactions illegally without any proof, don't have proper PAN card, partially pay taxes, pakka made balance sheet for filing the IT Returns.



So To avoid such discrimination, what should we do? We as an Indian, should show our unity. If you wait till 2009 election, after that some other government will come to power and continue the same thing with some difference. We should act in a different way.

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Beware: Taxman is watching you