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Artha Kranti - Abolition of Personal Income Tax in India

Posted: Mon Jan 12, 2015 1:53 pm
by MayerLansky
Pune based NGO "Artha Kranti" made a proposal to govt and various politicians to abolish personal income tax. check their proposal.

How Individual income tax can be abolished?

Proposal
http://www.arthakranti.org/proposal

Benefits
http://www.arthakranti.org/proposal/proposal-benefits

Individual benefits
http://www.arthakranti.org/proposal/proposal-benefits/individual-benefits

implementation
http://www.arthakranti.org/proposal/implementation

Endorsements
http://www.arthakranti.org/proposal/endorsements

Objections And Positions
http://www.arthakranti.org/proposal/objections-and-positions

Artha Kranti - Abolition of Personal Income Tax in India

Posted: Mon Jan 12, 2015 2:18 pm
by Veekay
MayerLansky;590680Pune based NGO "Artha Kranti" made a proposal to govt and various politicians to abolish personal income tax. check their proposal.

How Individual income tax can be abolished?
http://www.arthakranti.org/proposal


Wasn't VAT put in place to abolish Individual income tax?

Artha Kranti - Abolition of Personal Income Tax in India

Posted: Mon Jan 12, 2015 9:34 pm
by dbs
VAT is supposed to replace the sales tax. Theoretically, it should also replace service tax.

Artha Kranti - Abolition of Personal Income Tax in India

Posted: Mon Jan 12, 2015 11:50 pm
by gotskiz
dbs;590709VAT is supposed to replace the sales tax. Theoretically, it should also replace service tax.


from what i understand, VAT goes to the state, while "p chidambaram service tax" goes to centre. no?

Artha Kranti - Abolition of Personal Income Tax in India

Posted: Tue Jan 13, 2015 8:14 pm
by dbs
The idea is to equalise taxation and avoid double taxation as well as tax evasion.
Sales Tax on goods and Service Tax on services.
There used to be earlier Central Sales Tax.
Profession Tax is in List II to be levied by states.