Tag Archives: Taxation

How the Political Class Robs Us?

The German sociologist Franz Oppenheimer in his discussion of the political institution of the State divided the society in two classes. In his own words,  There are two fundamentally opposed means whereby man, requiring sustenance, is impelled to obtain the necessary means for satisfying his desires. These are work and robbery, one’s own labor and […]

Should Indians pay taxes to become a developed nation?

The finance minister of Narendra Modi government Mr. Arun Jaitley recently, in the Institute of Chartered Accountants while celebrating Chartered Accountants  Day (sic), said that India should have a “new normal” with citizens ready to pay the taxes they need to pay and a new mindset to move from a developing nation to a developed […]

GST (Goods and Service Tax)

GST india

The Narendra Modi government is ready to implement its new tax regime viz., GST (Goods and Service Tax) from the month of July 2017. They have now announced the applicable tax rates for some 1211 products. The Finance minister Arun Jaitley is telling that under this new tax regime tax filing will become simple and […]