Atrump Games

Atrump Games
Atrump Games

Why India Direct & Indirect Tax Collection May Witness Exponential Growth?

Indian Government for the last many years kept on trying to bring both citizens and business entity into proper tax fold to help the country broader citizen base. Unfortunately, the lack of initiation by the previous government always kept Indian taxation system under scanner.
Many citizens and business took an undue advantage of system which impacted overall growth of country.  The rampant corruption at all levels restricted government to get the actual investment converted into reality.

Thanks to current government & its decision to take the attacking mode instead of vote bank politics took everyone by surprise. The whole credit should go to government for their bold step for the betterment of India.

Till now the individual tax payers are around 60 million plus given the fact that there are millions of individuals are indulged in his business.
The message sent out by government by discontinuing INR 500 & INR 1000 sent fear factor among all.

It is expected that many traders doing their business will start charging taxes at sources and start submitting the same to tax authorities. At the same time, it is expected that many will go for paperless payment mechanism which will lead to individual filing their income tax return.
More than trillion $ economy of India may witness immediate jump in direct and indirect tax collection. Still we have five months to go to for FY17 and expect that India fiscal deficit will go down to a level which will be negligible.

Given the focused mantra of current government towards development may witness work on the ground level.

Extremely happy that current government is so focused in fulfilling their commitment which they committed during general election 2014 and wish the government and people of India best wishes for electing them.

Let us know your views by downloading Qsurvey from Google play. you can find many more interesting survey over there.

Check out the new Android Games games here  : Atrumps Games

Check out the new Android Apps here : E2Einfotelanalysis 

Related Articles:
Share on Google Plus

About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
    Blogger Comment
    Facebook Comment


Post a Comment