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Ultimate Economic Reforms, Vijaya Krushna Varma Mr
Ultimate Economic Reforms, Vijaya Krushna Varma Mr
VIJAYA KRUSHNA VARMA Mr
Abolish all Direct and Indirect taxes---The TOP Tax system, if adopted and implemented by all nations, will make the running of any business or industry to be easy and simple by doing away with all Direct and Indirect taxes, accounting, auditing and tax returns. Salient features of this new tax system.................... Taxation, tax collection, tax enforcement, tax compliance, allocation of revenues to various ministries or departments and money supply into the economy are unified and integrated in the banking system. In this new tax system there will be no Direct taxes, Indirect taxes, tax laws, tax returns, tax collection departments, …