The Glitches in the IT PORTAL are only due to the complications and problems in the taxation policy basically suspecting all tax payers for evasion of taxes. No doubt tax evasion is huge but harassing the tax payers as such will not fetch any result . The tax augmentation can only be through to target the tax at source and be after the tax collectors. The dividend tax , the capital gains tax , the exemptions , and two methods of taxes with exemption and without exemptions all create complications and blaming the INFOSYS for complicated tax policies is of no use. The need to augment revenue to the Government is genuine but the approach should be simple, supportive of the measures and as easy as possible to collect. It is time to have an Introspection and debate and discussions on the subject involving tax veterans ,Chartered acountants, bureaucrats having noble intentions and thoughts, IT wizards,and representatives of tax payers . AS far as possible, tax at source is the best option and filing of returns for non salary earners above a cut off point can be a workable mechanism. Machines alone cannot do the magic to satisfy the Government's needs.
Tax collections can improve only through enhanced GDP, EFFICIENT AND CORRUPTION FREE ADMINISTRATION, SIMPLIFIED TAXES, SYSTEMS AND PROCEDURES, ENLIGHTENED AND VERY RESPONSIBLE, TAX COMPLIANT CITIZENS AND HIGHLY COMMITTED BUREAUCRATS, CORPORATES AND ABOVE ALL ENCOURAGING POLITICAL, SOCIAL AND ECONOMIC ENVIRONMENT SUPPLEMENTED BY HASSLE FREE TECHNOLOGY AND ADHERENCE TO HIGHEST STANRDS OF ETHICS.THE TASK IS ENORMOUS BUT DEFINITELY ACHIEVABLE . IF THERE IS A WILL, THERE IS A WAY.
TVG KRISHNAN.
1 comment:
I completely agree with the writer
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