Tax laws and rules in India including Tax rates are against the interest of nation - Professionals - Taxation - TIK Share
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Tax laws and rules in India including Tax rates are against the interest of nation


Ankit Sharma

2015-07-05

Tax rates in India are highest among many developing countries. Tax laws are even complicated. Even if one honestly follows the laws, somehow he will still be breaking laws without any knowledge.

What are your views? Which laws should be changed in India? India should work on lowering its Income tax rates.

A man in India pays 100% in taxes for any product he buys. Excise on manufacturing, VAT on sales and manufacturers even provide income tax provision in costing.

Should India get away with direct taxes and only collect indirect taxes?