06-11-2011, 07:22 PM
Hi allz
Question is simple
<b>Why not to make the life of the taxpayer simple? </b>
to ellobrate it
why don't we have straight rate traeted as finnal tax for tax payers follwing in any sector/business/employment?
for example
tax rate on
salary be 7.5% (regardless the gender age and nature of employment of taxpayer)
CNG station business 10%
Packing material manufacturing industry 10%
Agriculture 5%
etc
Why we have slab rates for different taxpayers of different categories?
Why all the tax payments not treated as final?
Why not to have such a tax rate thats justified for taxpaper too
as
who among us would like to pay 25% tax on our salaries?
which company pays 35% tax on its fair/legal eanrings?
who dont like to have fake accounts to show minimum tax laibility?
Why to have headiche of tax rebate ,tax refund, exemption certificate, tax losses being carried forward, tax depreciation and accounting depreciation etc
and Why to have complex concept of deffered tax outside Icap Exams too(lol)?
so
<b>Why not to make the life of the taxpayer simple by imposing staright reasonable tax rate on his gross receipts, as final tax? </b>
tax department students,tax consultants as well as seniors at here plz reply
Regards
Question is simple
<b>Why not to make the life of the taxpayer simple? </b>
to ellobrate it
why don't we have straight rate traeted as finnal tax for tax payers follwing in any sector/business/employment?
for example
tax rate on
salary be 7.5% (regardless the gender age and nature of employment of taxpayer)
CNG station business 10%
Packing material manufacturing industry 10%
Agriculture 5%
etc
Why we have slab rates for different taxpayers of different categories?
Why all the tax payments not treated as final?
Why not to have such a tax rate thats justified for taxpaper too
as
who among us would like to pay 25% tax on our salaries?
which company pays 35% tax on its fair/legal eanrings?
who dont like to have fake accounts to show minimum tax laibility?
Why to have headiche of tax rebate ,tax refund, exemption certificate, tax losses being carried forward, tax depreciation and accounting depreciation etc
and Why to have complex concept of deffered tax outside Icap Exams too(lol)?
so
<b>Why not to make the life of the taxpayer simple by imposing staright reasonable tax rate on his gross receipts, as final tax? </b>
tax department students,tax consultants as well as seniors at here plz reply
Regards