Building a Better India – Part 5: Bringing tax reforms
June 12, 2014
All minor taxes and levies whether at central or state level or of municipal bodies must be abolished because these authorities may be spending more money on collection or recovery than the revenues All minor taxes and levies whether at central or state level or of municipal bodies must be abolished because these authorities may be spending more money on collection or recovery than the revenues
Dalbir Chhibbar
We discuss the many changes that can be made in taxes that affect individuals, companies, the market environment and government revenue. In the light of these hard and bitter realities; the following tax reforms/ changes are suggested.