Saturday, February 3, 2018

linking aadhar to property registration

I believe that linking Aadhar to property registration will be advantageous.

1) ownership can be identified and the scope for fake registrations will reduce
2) land mafia may vanish (I am bit optimistic!)
3) corruption may also reduce. As we know, most of the corrupt officials prefer to invest on properties.
4) most importantly, transactions will become more transparent

Hope our requests will be heard!

Jai Shri Ram


Thursday, February 1, 2018

about income tax

I believe that individual income tax can be dropped in Bharath. Salaried class is the only class that files the returns sincerely. This can be replaced with a transaction tax as proposed by many economists.

Disadvantages of current tax system:
1) only employees are the major contributers
2) It burdens 3% of sincere tax payers
3) other classes escape this model

Advantages of Transaction tax:
1) All the citizens will be paying tax based on their consumption power
2) we will get more income
3) corruption can be curtailed