Artha Kranti - Abolition of Personal Income Tax in India

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MayerLansky
Posts: 26
Joined: Mon Sep 29, 2014 1:45 pm

Artha Kranti - Abolition of Personal Income Tax in India

Post 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
Veekay
Posts: 230
Joined: Mon Oct 07, 2013 11:39 pm

Artha Kranti - Abolition of Personal Income Tax in India

Post 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?
dbs
Posts: 4100
Joined: Wed Jan 17, 2007 8:59 pm

Artha Kranti - Abolition of Personal Income Tax in India

Post by dbs »

VAT is supposed to replace the sales tax. Theoretically, it should also replace service tax.
gotskiz
Posts: 364
Joined: Sat Jan 06, 2007 7:51 pm

Artha Kranti - Abolition of Personal Income Tax in India

Post 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?
dbs
Posts: 4100
Joined: Wed Jan 17, 2007 8:59 pm

Artha Kranti - Abolition of Personal Income Tax in India

Post 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.
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