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
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Artha Kranti - Abolition of Personal Income Tax in India
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
VAT is supposed to replace the sales tax. Theoretically, it should also replace service tax.
Artha Kranti - Abolition of Personal Income Tax in India
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
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.
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.