Simple, Small 1% Tax to get Big Net & Gain of 18 L- CR.
take 1% Tax from 20 Taxpayers,
than 20% Tax from one Taxpayer.
2) Simple Tax of 1% on Receipt/Transaction/Interest/Sale/Gift/Loan/Benefit/Salary/Dividends/Rent..any inward cash, Cheque etc.
3) Average say for Rs. 30 L Receipt,
Pay Rs. 0.3 Lac Tax.
If Taxpayers = 60 Cr.
Tax collection will be 18 L- Cr.
4) Simple Tax means more Taxpayers, more collection & No refund Problem.
5) At present, we have say @ 3 Cr Taxpayers,
with Collection say @ 3.5L-Cr,
6) So with 1℅ Tax, the Taxpayers will work to improve Business / Services / Goods / R. & D.
So more Employment, make in India, less Farmer Suicide & Peace to the people.
7) Bank Account number is your mobile number.
8) Tax payment by your mobile number@RBI a/c,
In bank transaction, the Bank will deposit to your 1℅ Tax by your mobile#@RBI a/c directly.
9) For cash Transaction pay similar to Post paid Mobile charges,
to your mobile #@RBI a/c.
Most will pay if the Tax is 1% & simple to pay.
10) Your Bank Account Number should be mobile number & connected to PAN/ AADHAAR /Passport/ Election Card etc. For Simplicity.
11) Tax collection will be distributed to State & Local bodies, say 10% each, from the place of collection.
12) Also add 1% more (L.P.F.)
Less Privilege Fund,
similar to PPF for,
social / self benefit,
to give Power to the people for Social Cause / in your bad days.
13) In short Pay Rs. 20- for every Rs. 1,000- Received.
i) Rs. 10- as tax to RBI
ii) Rs. 10- in your (L. P. F.)a/c. Could be use for social cause/ for your bad days.
14) L. P. F. (Less Privilege Fund)
of 18 L- Cr, with 60 Cr voters, will reduce dependency on Government for the Social development. Fund will be used for the Social cause / in your bad days.
15) Keep faith in 60 Cr voters, as they will take care of their neighbors, in need.
Also most will pay, if Tax is 1℅ & Simple to pay.
Only Indian can make better India.
16) Can consider more tax for Higher Receipt, say above 0.5 Cr per year, payable at the year ending.
17) Expecting Feedback on How to make India Peaceful Place by Refined Laws ? No blame game please.
18) Media/ Babus' /Netas /Judicial Role is Eminent along with People.
Let us make Sare Jaha Se Achha Hindustan Hamara. more