Financial Daily from THE HINDU group of publications
Friday, Feb 04, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Opinion - 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

e-mail

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Right call, at last


What will the Budget hold?
Sell-off fund — Will it fall victim to petty politics?
Well done, Mr Bush
Let's discuss `dismiss'
Corporates, beware the training robbery
The decline and decline of Brand America
Simplify income tax
Will VAT help?


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line