IMPORTANT NOTE : * THIS IS AUTOMATIC TRANSLATION. THERE MAY BE SOME GRAMATICAL MISTAKES OR WRONG MEENING OF THE WORD OR PHRASE OR SENTENCE. SO UNDERSTAND THE MAIN POINTS OR THEMES.
TAXES
Why the People and Tax Payers are reluctant or hiding to pay any kind of Tax in the Country? Why the Black money is increasing day by day in the country? Is it advisable to support them? or Advisable to Punish? or Changes are to be made in the method of taxes ??
- There are many types of taxes that we pay to the State and Central Governments. They are Direct and Indirect taxes- I will tell you some of them. Professional Tax, Staff Professional Tax, Corporate Tax Rate, Custom Duty, Gift Tax, Income Tax, Fuel Tax, Advance Tax, Excise Duty, Service Tax, Entry Tax, Sales Tax, Property Tax, Entertainment Tax, NRI Tax, Dividend Tax, Payroll Tax, Estate Tax, Wealth Tax, Inheritance Tax, Flat Tax, Poll Tax, Social Security Tax, Consumption Tax, Self Employment Tax, Transfer Tax, Octroi, Endowment Tax, Federal Income Tax, Optimal Tax, Employment Tax, Value Added Tax, Death Tax. Funeral tax, Municipal Tax, Fire Tax, Water tax, Turnover Tax, Alternate Tax, Cash handling Tax, Fringe benefit Tax, Food and Entertainment Tax, Stamp duty and Registration fee, Surcharge, Levy Tax, Toll gate Tax, Luxury tax, Motor vehicle tax, Pollution tax, Interest and Penalty and many other types of Taxes. In this way we are paying Taxes for the smooth running and for the development of the Nation.
- The Main point to discuss is – The tax payers & all other persons are planning or trying to escape from paying the tax for their own hard earned money. Many people are maintaining Zero Accounts or Escaping with the help of their accountants or Chartered Accountants or Tax consultants or by managing the officials. It is not possible to ride on the high society people or top business men or political people. Even If there are departmental ridings on them, they are confident that they can escape by any kind of means from them. If it is not possible then, finally with the political interference they are escaping. Why the corruption is there? Why such type of escaping needed for them? Why the harassments are there on them? After certain financial limits, why the people are the Swiss Bank or Foreign Bank account holders? Day by day why the Black money in the people and corrupted black money of the officials is increasing? Why that money is in underground and useless for the Indian Nation or for the National development or used for the mankind or public why they lead the luxury life for them?
HERE THE MOST IMPORTANT POINT TO OBSERVE IS-ALMOST ALL TAX PAYERS AND ALL OTHER PERSONS ARE TRYING TO ESCAPE TO PAY THE TAXES. THEY ARE BEHAVING LIKE THIEVES” FOR THEIR OWN HARD EARNED MONEY? Why?
T.S.Malleswara Prasad Chairman
Bharathiya Vajra Party fights for Uniform tax system for all citizens.
We are living in this country and enjoying the life in this country. we should have equal rights in living and also in paying any kind of tax. The tax system is extreme for some and none for majority. Hence the dramatic increase in the Black money. If the Black money exceeds then there will not be any security control on it. Ultimately it leads to the bulk deposits in the Swiss Banks or deposits in foreign Banks or investments in other countries. In this way crores and crores of rupees are going out of Govt. control which is not useful in any way to our nation and to the Indian people. This Black money will develop other nations and the political prostitution among the political people which again effects and increases the corruption. We should change this system. If the tax system is uniform to all citizens then the cultivating and accumulating of the black money will be eradicated. If eradicated then the entire taxable income and collected taxes will be useful for the nation and to the national people. If the Taxes are uniform there will be competitions among the business people and the prices will come down with genuine quality products.
Due to the present tax systems in India, inflation and the differences in the financial Status is increasing among the people and country, which is the most dangerous one for the nation. Hence we should change the present tax systems.