IT people threaten small tax payers with legal action and locking accounts, and the big fish send crores to MNC bank accounts abroad.
And we talk of growth rate and investment in India, clean image, Financial reforms etc etc
What a load of lies.
If Govt recovers tax from big crooks it wont need to play with tax slabs at all.
Indirect taxation will not be needed
Food and FMCG items will be dramatically cheap
This is the big lie of the system.
Prices are high because of Indirect Taxes because the Govt does not recover taxes in 100s of crores and instead harasses middle class fro a few thousands and lakhs.
what an elaborate scam and nobody even mentions the link between corporate/HNI tax evasion and rising food prices.
Govt is to blame chiefly for letting the big thugs escape.
The sad part is the media says nothing because it is owned by the thugs.
And the rich dont even donate to NGOs one-tenth of what they owe as tax.
And then the Govt throws the rule book at small fish like me and you.