![]() Financial Daily from THE HINDU group of publications Friday, Feb 04, 2005 |
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Opinion
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Letters Simplify income tax
Your editorial "Make it less taxing" (Business Line, February 2) has rightly called for "simplification of law, along with moderation in rates, in tandem with modern methods of communication". The limit on taxable income could be raised considerably and the exemptions and rebates done away with. This would remove a large number of assessees giving a gain of the expense and time spent on them that may perhaps be more than or at least equal to the tax collected. And that could help to expedite work and curb delay. It could save a lot in all the offices through out the country also. A. Jacob Sahayam
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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