Financial Daily from THE HINDU group of publications
Monday, Feb 20, 2006
Financial Daily from THE HINDU group of publications Monday, Feb 20, 2006 |
|
|
|
|
|
|
|
Opinion
-
Letters A simpler tax regime
The article `Taxman sings when telephone rings' (Business Line, February 13) makes an interesting observation about the cascading effects of tax particularly in telephone service. Although the Finance Minister has been making statements about reforms in taxation (both direct and indirect), he has failed to deliver what the industry has expected from him. Instead of limiting the number of taxes for the sake of simplicity, he has added a number of them in the name of increasing the revenue to the government — STT, FBT, BCTT, to name a few. At the end of the day what an entrepreneur wants is a simple tax structure that guarantees stability and transparency. In the last few years, the tax structure has seen vast changes making it difficult for industry to cope with tax procedures. One hopes the Finance Minister will implement the Kelkar report with the objective of simplifying the tax system. Ashok Rupesh Mangalore Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
More Stories on : Letters | Taxation
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, 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
|