The positive side of the stupid act of demonetization was that gradual transition from cash to cashless economy would ultimately help track the electronic transactions and that will make it difficult to avoid income , property and general sales tax leading to better and higher tax compliance, enhanced tax revenue and ease the budget constraint in the long run.
The finance Minister is now duty bound to tell the following:
To what extent the increase in the number of bank accounts and the number of transactions undertaken has led to higher tax compliance and also to what extent the authorities have taken firm action against many crooks whose real economic faces have been revealed at margin while many whales have been freely looting the country without paying taxes?
How much black money have been unearthed?
Long ago and not so long ago Miss Jayalalitha received $ 3 lakh through bank draft only and did they find out who was the sender?
Is the Govt serous in tackling the black wealth and tracking down the anti nationals, namely the non tax payers and black wealth holders ?
Why is that the Govt has not bothered to transfer the gains of the oil price fall in the recent years and like a thief it has pocketed in lakhs of crores? will GST bring any difference? what is the fun in service tax? which service is rendered by whom?
there are a lot of questions which common man wants to ask and kindly don't treat him as antinational because he is more patriotic than you and your colleagues.
The finance Minister is now duty bound to tell the following:
To what extent the increase in the number of bank accounts and the number of transactions undertaken has led to higher tax compliance and also to what extent the authorities have taken firm action against many crooks whose real economic faces have been revealed at margin while many whales have been freely looting the country without paying taxes?
How much black money have been unearthed?
Long ago and not so long ago Miss Jayalalitha received $ 3 lakh through bank draft only and did they find out who was the sender?
Is the Govt serous in tackling the black wealth and tracking down the anti nationals, namely the non tax payers and black wealth holders ?
Why is that the Govt has not bothered to transfer the gains of the oil price fall in the recent years and like a thief it has pocketed in lakhs of crores? will GST bring any difference? what is the fun in service tax? which service is rendered by whom?
there are a lot of questions which common man wants to ask and kindly don't treat him as antinational because he is more patriotic than you and your colleagues.
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