Ambanis, TATA all the biggies run their business empire in billions or trillion of rupees but they never figure out in the highest income tax payers.
If they are getting dividends from the company and making a killing on them it is time to revisit or if they are hiding raid them.
Tax 30% on the amount greater than 10 crores on money earned from dividends.
WHY KILL THE MIDDLE CLASS EMPLOYEES by burdening them with budget.
Money collected through Income Tax should be allocated to departments based on the performance not just on paper but actual. Follow the principle
Middle Class contribution to Country in comparison to source of income is very high.
a) IT b) Bribe to traffic police on street. c) Corporation Tax d) No police protection or help received when required though they pay tax. e) Why we pay Education Cess when we are already paying so much tax. Though we pay it govt schools remains a shame. f) We don`t pay taxes for the Politicians and their companinons. Please don`t allocate funds from our hard earned money to faciliate them.
ARE WE DOING ANYTHING FOR CORRUPTION?No CLUES better SCRAP THE CONSTITUTION and make a new one on the sideline of what the flaws are there in the current system. Don`t just copy the Constitution.
Also Constitution Should be Scrapped every 50 years.
Constitution has been amended more than 100 times now since its enactment i.e in 50 years
However in US it has been amended only 10 times in 400 years.
