anonymus
BANNED
- Joined
- Sep 22, 2011
- Messages
- 3,870
- Reaction score
- -7
- Country
- Location
Akranthi's Proposals
Withdrawal of existing Taxation System completely (except customs i.e. import duties).
Every Transaction routed through a bank will attract certain deduction in appropriate percentage as Transaction Tax i.e. Single point tax deducted at source. (say 2 %).
This deduction is to be effected on receiving/credit accounts only.
This deducted amount will be credited to different Government levels like Central, State and Local (say 0.7%, 0.6%, 0.35% respectively).
Transacting Bank will also have its share in this amount as the bank has a key role to perform (say 0.35%).
Withdrawal of High denomination currency (say above Rs. 50).
Cash transactions will not attract any transaction tax.
Government should make legal provisions to restrict cash transactions up to a certain limit (say Rs. 2000)
Arthakranti Proposal | Arthakranti
Untitled Document
Will it work ?
\
Frankly,From where does BJP find these retards?
Stupidity is favorite pastime for some so called think tanks of BJP. It should policy making to people who are capable to do so.