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Widen the Tax net
by Saurabh Jain on Feb 09, 2010 08:39 PM   Permalink

Allow Individual salaried people like us to obtain input tax credits as well like it is allowed for filing the return of the any business firms, with Online possibility of reconciliation. I.e - if someone paid INR 100 as VAT/Service tax it should be available online within next 3-4 days using Internet. This will ensure that business houses are paying taxes transparently and individuals like us are also getting benfitted.

Once the disipline is in place it is going to be win win situation for all three. (Individuals, Govt, and getting the transparancy in place.)

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