Please make income tax act simpler n taxing on income sholud be minimum as govt is implementing gst personal income tax should be actually abolished but as such govt is in no mood to do this they should minimise it to it lowest it can. sir kindly on behalf of people of india u should stand for this to be done as otherwise there is double , triple taxation which indirectly effects pockects of major part of people n inflation also. personal tax should be as : upto 500000 - nil upto 2500000 - 10 % above that - 20 %
and sir please kindly take note of short term and long term capital gain tax which should be reduced to a maximum of 5% only
if income tax system is made simpler and tax structure to its minimum ther would be a huge turnout in number of it return which will indirectly push r gdp and clear lock houses of blac money n give our country a true picture of finances which hav manyfold effects on the economy of our nation.
one more thing sir the inspector raaj should also be abolished and no scruting or survey or raid should be allowed as it attracts cooruption in the system allow self assesment by increasing tax structure n pressing on gst so as to kick out black money
