Question:

Govt Computation/Approval-Tax Rates & Accountability- Collections?

by  |  earlier

0 LIKES UnLike

How does the Government compute the Tax rates like Service Tax(=12.3%),upto 30% IT,etc etc. Who gives the consent to such high rates (many business does not make this much profit after taxes); Do Govt's have a rational logic/rationale and Objectivity in such decisions (in India).If there is objectivity then apolitical persons or the common people need not bother much about which Political parties take up Governance.What in democratic governments thwart objectivity in such Policy decisions that effects the Country as a whole. Whereas Individual's are accountable to the Tax Departments, How (through Who) does the Government account itself to the said Individual(s). Who will question Whom,extreme disparities in income and Quality of life in spite of such long prevailing taxation systems. Is this arcane knowledge (should be) known only to the governing elite?

 Tags:

   Report

1 ANSWERS


  1. is there any way you can condese your question.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.