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Social and Behavioral Sciences Commons

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Finance and Financial Management

Other

Selected Works

2009

Banking

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Full-Text Articles in Social and Behavioral Sciences

Portable Savings Account Module, Vijaya Krushna Varma Mr Feb 2009

Portable Savings Account Module, Vijaya Krushna Varma Mr

VIJAYA KRUSHNA VARMA Mr

Portable savings account is an involuntary tax paying account. Citizens need not maintain separate account books for paying either Direct taxes or Indirect taxes. Citizens need not submit tax returns annually. There will be no expenditure cost for the government for collecting taxes.