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Inviting innovative ideas and suggestions on tax policy and administration

Start Date :
Sep 18, 2015
Last Date :
Mar 01, 2016
00:00 AM IST (GMT +5.30 Hrs)
One of the key priorities of the Government is to provide a non-adversarial and a responsive tax administration with the main objective of creating an environment conducive for ...
To get Land acquisition, we must get land owner's confidence. Easiest way to get is promise them to reserve certain percentage of land for the benefit of local people.Like starting factory(sugar factory)/cold storage (for fresh vegetable) godowns (grains)etc. in the area of the farm product. Even Mall will give them opportunity to start new business
Arthakranti is reported to have made a presentation to the PM regarding the tax laws in the country. It made a lot of sense to me. The government needs to study its implications and decide on its implementation.
My two books BEYOND NEWTON AND ARCHIMEDES , Beyond Einstein and E=mc2 have been sent to Dept. Science and Technology by Hon'ble Minister DST, Dr Harsh Vardhan. Over eight months are gone but I got no response. Number of time I requested to meet DST authorities but they did not given me even 2 minutes .These are books which can make INDIA superpower in fundamental laws of physics. I have worked on the topic at expenses of family. I have over 90 invitations from abroad.
should be total exemption for Sr. Citizens who do require Govt.'s help and assistance in solution of their tax problems. This must needs be cast a sympathetic consideration rather than tightening the noose around their necks. If citizens feel happy, then only the Govt. could thrive and prosper. The proverbial saying, "If the indigent people shed their tears, this will be compared to a sharp Sword" which may prove to be disastrous. With regards,
discrminatory and dispassionate view of things rather than rushing through amendments. If the aim and purport of the tax officials is to squeeze more money like crushing the honey bees, then, it is not a conducive step towards progressive growth. The revelation of bank accounts should only be open to big companies, corporate sectors, etc. and not especially to pensioners who are eking out their livelihood through their hard earned money over four decades or less in Govt. service.
5)There
payment of D.R. after crossing 50% i.e., Transport allowance, etc.
3) There should be voluntary disclosure scheme for large tax evaders like foreign unaccounted money, etc.so as to ensure voluntary tax compliance.
4) Albeit promises are let out, the tax net around the honest tax payers is tightening its noose. I can't understand why the Bank Accounts of individual tax payers should be revealed in the I.T.R. form that has been set in motion from F.Y. 2015-16. Either, there should be a more
grouping them into Sr. and Super Senior which is ludicrous. Over and above the age of 60, all should be accorded equal treatment rather than dividing them into various categories. All should be accorded equal tax relief treatment to the same quantum and extent.
2) Especially, in the case of Pensioners, they should be given more tax reliefs as many of them may be in the category of hand to mouth after retirement.As in the case of serving employees, the Pensioners are not entitled to the
Sir, With all humility, I'd like to give the following suggestions in the formulation of tax policy for the ensuing fiscal year, viz., :-
1) The tax policy should aim at moderate taxing. For example, as promised by the F.M.last year, the exemption limit for individual tax payers should be hiked to Rs.5 lakh and for Sr. Citizens to Rs.6 lakh to compensate the spiralling inflation rate.
2) For Sr. Citizens, they should be taken care of on pari passu. I can't understand the rationale behind
http://harshalpushkarna.blogspot.in/2015/09/blog-post.html post in this link is in Prime Minister's native languge Gujarati. Those who dont understand gujarati, please get it translated, but do read and understand. It is really important for nation's improvement.
Insurance agents are working day and night to earn their bread,taking service tax from customer as well as from agent is like looting from a begger.So Govt should stop taking service tax from poor agents.
Business people evade tax by showing expense and lose in their business,so there should be correlation between industry performance and tax,ie if Construction sector performed well in that year there should be a minimum tax slab for construction business men considering their business size