Do u be aware of that Personal Income tariff is liable for double Taxation ?
Do you know that general public rate excise so frequent times against their income? Can u register them.
When we spend we compensate contained by the shape of excise, custome,octroi,sale excise, VAT , Service due, Educational cess, Higher Education Cess, Surcharge, TDS so on and so forth. Do you agree beside me ?
Answers:
Dear Mr.Somani CA
I too thought surrounded by this opening and tried to find a solution and posted my cross-examine contained by AddQA.com.
Please see the press is paste below, please permit me know your comments on this.
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I have need of your comments please ! I hold a 8 point programme for a Corruptionless India?
1. Every citizen should be provided near a permanant reason number
2. Cash transactions should be discouraged by printing money upto the denomination of Rs.100.00 only
3. All transactions above Rs.1000/- to be made through bank next to dr/cr card, funds verbs, chq/dd or online payments.
4. All taxes (IT,ST,cess,ED,service tax etc.,) should be dropped. Only transaction tax of 1% on respectively dune transaction consent to it be debit or credit to be levy and automatically transferred to treasury a/c. (I reason this will meet your requirements to replace adjectives the taxes)
5. Banks should carry on one a/c and impart uniform interest.
6. If adjectives taxes are dropped, somuch of tabloid work and file of returns, maintainance,inspecting and scrutinising will ebb & the inhabitants used for this purpose can be utilised to do for more productivily
7. If lolly transactions are discouraged, consequently corruption,black money etc. will fall over to nil.
8. budget simply for proper expenditure and have need of not verbs abt income.
==============================...
Wait until Hillary get surrounded by. What you hold tabled will double, beside more category anyone added on, higher than it.
yes
yes
ya, you feel beyond doubt right. we enjoy to reward duty so lots time beside our income tariff. ie. excise, vat, sale charge, service import tax. because adjectives taxes which are indirect enjoy to recompense by customer . besides it we own to settle up our personal income rates on our income. and second point is that we can't whip presumption of adjectives above indirect taxes. you thought right. i am near you surrounded by this thinking...
yes u r right we do discharge taxes at frequent point.
but ARE u truism something contemporary which every one else does not know in the order of.
what is ur point
do u in recent times want to dazzle others near ur so call know-how ??
old information every one know it write something topical
No, I don't grain that it is double taxation. On the contrary it is multiple confusing taxation. But adjectives it is allowed as per Constitution. Still some times it is vital. Local Bodies requirement their share for taxation, State Governments call for their share within taxation and logically Central Government also wishes funds which are in some measure generate through taxation. The Governments find out sundry ways and are other chasing contemporary avenues to increase ways to generate revenues. It results in multiple taxation. Unfortunately, every body wants separate collection system. They do not have a feeling it essential to centralise or simplify the procedures. That's more irritating. It can be hidden that solitary one or individual taxes will not suffice but multiplicity on an assortment of counts should be avoided. We own experienced that markdown contained by rates or taxation generate more revenues. The same logic should be applied to weaken the number of taxing avenues. It will front to smaller amount corruption, more compliance and morality.
Mr. Somani,
In one respect your thinking is right but it is not constitutionally valid. As per constitution it is valid. Now, agree to me explain how
Income Tax - This you earnings on income earn by you
VAT - This you earnings on purchase/consumption of merchandise etc.
E-Duty - Indirectly on production of goods
and so on and so forth.
If single one import tax is to be rewarded afterwards how the organization will function and where on earth from the funds shall come?
Will agree beside me that after paying adjectives taxes still here is nest egg and your wall symmetry or investment increases although tariff following extra taxes are payable at any of time through anything mode
Cess, Octroi, Road Tax, CST, Property Tax, Entertainment Tax, Expenditure Tax, Service Tax, Water Tax, Airport levy, Toll Tax, Gunda Tax, Hafta, Police Tax, Security Transaction Tax, Turnover Tax etc. etc.
You should give somebody a lift a upright look purely how the gst artificial the pensioners on power any services what ever gst on?
I made a profit of $10,000 after I sold my home. Do I hold to payment taxes on this profit?
Which means of access woud you profile beside respect to residency: the state surrounded by which you lived the majority of the year -or-?
I only file severance and they are taking 10% out for taxes I want to know is this going to affect my w2?
Internet Company, Multi-State Sales and Use Tax?
When we spend we compensate contained by the shape of excise, custome,octroi,sale excise, VAT , Service due, Educational cess, Higher Education Cess, Surcharge, TDS so on and so forth. Do you agree beside me ?
Answers:
Dear Mr.Somani CA
I too thought surrounded by this opening and tried to find a solution and posted my cross-examine contained by AddQA.com.
Please see the press is paste below, please permit me know your comments on this.
==============================...
I have need of your comments please ! I hold a 8 point programme for a Corruptionless India?
1. Every citizen should be provided near a permanant reason number
2. Cash transactions should be discouraged by printing money upto the denomination of Rs.100.00 only
3. All transactions above Rs.1000/- to be made through bank next to dr/cr card, funds verbs, chq/dd or online payments.
4. All taxes (IT,ST,cess,ED,service tax etc.,) should be dropped. Only transaction tax of 1% on respectively dune transaction consent to it be debit or credit to be levy and automatically transferred to treasury a/c. (I reason this will meet your requirements to replace adjectives the taxes)
5. Banks should carry on one a/c and impart uniform interest.
6. If adjectives taxes are dropped, somuch of tabloid work and file of returns, maintainance,inspecting and scrutinising will ebb & the inhabitants used for this purpose can be utilised to do for more productivily
7. If lolly transactions are discouraged, consequently corruption,black money etc. will fall over to nil.
8. budget simply for proper expenditure and have need of not verbs abt income.
==============================...
Wait until Hillary get surrounded by. What you hold tabled will double, beside more category anyone added on, higher than it.
yes
yes
ya, you feel beyond doubt right. we enjoy to reward duty so lots time beside our income tariff. ie. excise, vat, sale charge, service import tax. because adjectives taxes which are indirect enjoy to recompense by customer . besides it we own to settle up our personal income rates on our income. and second point is that we can't whip presumption of adjectives above indirect taxes. you thought right. i am near you surrounded by this thinking...
yes u r right we do discharge taxes at frequent point.
but ARE u truism something contemporary which every one else does not know in the order of.
what is ur point
do u in recent times want to dazzle others near ur so call know-how ??
old information every one know it write something topical
No, I don't grain that it is double taxation. On the contrary it is multiple confusing taxation. But adjectives it is allowed as per Constitution. Still some times it is vital. Local Bodies requirement their share for taxation, State Governments call for their share within taxation and logically Central Government also wishes funds which are in some measure generate through taxation. The Governments find out sundry ways and are other chasing contemporary avenues to increase ways to generate revenues. It results in multiple taxation. Unfortunately, every body wants separate collection system. They do not have a feeling it essential to centralise or simplify the procedures. That's more irritating. It can be hidden that solitary one or individual taxes will not suffice but multiplicity on an assortment of counts should be avoided. We own experienced that markdown contained by rates or taxation generate more revenues. The same logic should be applied to weaken the number of taxing avenues. It will front to smaller amount corruption, more compliance and morality.
Mr. Somani,
In one respect your thinking is right but it is not constitutionally valid. As per constitution it is valid. Now, agree to me explain how
Income Tax - This you earnings on income earn by you
VAT - This you earnings on purchase/consumption of merchandise etc.
E-Duty - Indirectly on production of goods
and so on and so forth.
If single one import tax is to be rewarded afterwards how the organization will function and where on earth from the funds shall come?
Will agree beside me that after paying adjectives taxes still here is nest egg and your wall symmetry or investment increases although tariff following extra taxes are payable at any of time through anything mode
Cess, Octroi, Road Tax, CST, Property Tax, Entertainment Tax, Expenditure Tax, Service Tax, Water Tax, Airport levy, Toll Tax, Gunda Tax, Hafta, Police Tax, Security Transaction Tax, Turnover Tax etc. etc.