Direct tax major revenue for Govt
Direct Tax with good governance Direct Tax is major revenue for the Govt. to run various welfare schemes and to run the Government. Govt. has come up with a good motivational advertisement for the public to pay the tax and file the return with emphasis on less than 1% cases are scrutinised. There is only 5% liability for low income group to pay the income tax. People are not afraid of paying the tax but are afraid of fear of difficulties and harassment during scrutiny. Govt. has to find some other method so the people can pay tax and file return. Making the public aware of tax payment is paramount instead of other measures. To allay the fear of scrutiny, Govt. may consider for low income group i.e. people earning upto 5 lakhs, there will be no scrutiny. This will definitely increase the number of tax payers and return filers as people will come forward to pay the tax without hesitation and fear. It is always in the Govt. hand to withdraw whenever desired results are not achieved. Secondly the Govt. may consider to make party fund taxable thru an Amendment in Income Tax Act to increase the revenue to reduce the deficit . Thirdly it is expected that recovery from top 100 loan defaulters may reduce the NPA within reasonable amount. Fourth point to have gate keeping and monitoring of Foreign Exchange transactions through a single point may be RBI. Let us hope the Govt. consider the above points and take informed decisions for the Good Governance.
Naveen
Concession may be extended to Rajdhani/ Shatabdi/ Duranto trains
Following suggestions may be considered by Railway Ministry in the interest of the Gallant Heroes. It will be a befitting tribute to them. The concession may be extended to Rajdhani/ Shatabdi/ Duranto trains. The concession may be applicable to 1AC /Executive class travel on nominal or differential payment. The validity of pass can be for three years with renewal every three years instead of present one year. This will mitigate the inconvenience experienced by senior citizen Gallantry Medal Holders.
K Srinivasan
Naveen
Concession may be extended to Rajdhani/ Shatabdi/ Duranto trains
Following suggestions may be considered by Railway Ministry in the interest of the Gallant Heroes. It will be a befitting tribute to them. The concession may be extended to Rajdhani/ Shatabdi/ Duranto trains. The concession may be applicable to 1AC /Executive class travel on nominal or differential payment. The validity of pass can be for three years with renewal every three years instead of present one year. This will mitigate the inconvenience experienced by senior citizen Gallantry Medal Holders.
K Srinivasan