As a salaried person, my pet peeve
is the Income Tax. Salaried people have no choice but to honestly remit the
Income Tax, whereas Business folks have a variety to minimize their tax
outflow.
In a radical development, Former BJP
president Nitin Gadkari, who is in-charge of preparing the party's vision
document 'India Vision 2025',
said that the party was presently deliberating the matter.
BJP top brass have received a report which
favours abolition of income, sales and
excise tax and replace it with a Transaction Tax.
AT present there is an intense internal
debate in BJP to include the same it in its vision document to be unveiled
ahead of General elections next year.
Echoing the same views, Shri Rajnath
Singh-BJP President said the party will take a view on a demand for removal of
all taxes and replacing them with a single transaction levy. He articulated his
views at a recent conclave of realtors' body CREDAI.
The vision document is expected to
be released in another month, and so I am keeping my fingers crossed. If you too support this change, send a message to BJP now.
