Assuming that the character in this article Mr. Moolchand Airi is real, I wish to ask him how much tax he paid in the last fiscal year and what portion of his business transactions are white or black ?
Most shop owners in India do not pay taxes even after making handsome profits. Most of the business is conducted in cash and hence untraceable and unaccountable
Re: How much tax does the bicycle seller pay
by Amit on Dec 06, 2016 01:25 AM
what tax are u talking about ? Indirect ? Its imposed and collected at manufacturing stage itself.
And if IT , yes they may not pay full tax ...but IT officer can easily estimate business based on location, customer frequency and raids.
And what do we get for the tax collected ? Do we have low cost quality govt hospitals ? How about schools/colleges ?
why ? bcoz most of this tax goes to pay unjustified DA/salary hikes which is disproportionate to the per capita income of India.
In states it was 48% with 6th pay commission and now after 7th pay comm its even worse.
No wonder they have no money for real social needs of tax paying public.
Re: Re: How much tax does the bicycle seller pay
by Expert Comments on Dec 06, 2016 05:16 PM
. Yes I am talking about Income tax and Service Tax. Do you know only 5-6% of the population pays Income Tax. That doesn't mean the rest are all poor.
We don't want to pay taxes but expect Govt to provide facilities ?
Re: How much tax does the bicycle seller pay
by rahul b on Dec 06, 2016 09:40 AM
Moolchand is not supporting india Progress/ All BJP trollers please come online and write ours hard comment on this article. This article is against ours party line. Amit call all trollers online immediately to write comment.