its a perfect plan and will kill the oopri kamai of ghoos khor sales tax , income tax , sales tax and exise dept. corrupt officials while will boost savings of common middle and lower middle class people while it will be a burden on ****** rich and corporates as they will be taxed while people will pay a tax on every cpmmercial transaction above 50000/- there will be almost no tax on rent payments , employ salaries , school fees , small and medium loan EMIs,medicinal payments to pharmecies , hospitals and like
in short the TAX VAT , Exise will be deducted like TDS on source and there will be no VAT taken by traders , shop keepers but they will have to file there sales tax returns and income tax returns as usual
income tax will be taken from people making more than 5 -6 lakh INR annualli and after that there will be slabs on as the income increases
while tax and exise will be lowered on petroleum products , indian made liquar , electronicks , groceries , medicans and medical equipment and other daily use articels while there will be no change in exise policy onforiegn made luxury cars , and other such luxury goods and jwellry