Simply GST in real sense
each GST registered businessman and introduce online billing. It will not only save time and energy but also will not allow businessman to evade Tax. The E way bill problem will be solved automatically.
For self employed persons GST clause will have to be removed for turnover of less than 20 lacs. TDS clause will help in Income Tax.
One suggestion is for cash less economy:
Transactions by debit cards should be without any charge. If it happens the shopkeeper will have to issue bill for such transactions, Govt. will get Tax on such transactions. By and by system of Sales without bill will automatically finish.
When there will be cashless economy less crimes and less cost of printing and handling currency. We do not see American Dollars in America but we see American Dollars in other countries. I want our currency should also be so strong.
I hope the problems and suggestion can pacify businessmen to some extent. more