Dear Pranabda,
Being the avid reader that you are, you must have read what the noted constitutional lawyer, (Late) Nani Palkhivala once said…
It is my firm conviction that no nation living today or which has flourished in the past would remain honest under the giddy rules and rates of direct taxes which prevail today in India.
Our people, like any other, fall under three segments:
1. Those who would be honest however heavy the burden,
2. Those who would be dishonest however light the burden, and
3. Those (and they constitute the overwhelming majority) who are basically not dishonest but the nature of whose response to the law is conditioned by the quality of the law.
I, the aam aadmi, believe that our tax legislation in India…
- Doesn’t bother about the first class of people (the honest taxpayers)
- Is preoccupied with the second (the dishonest), and
- Completely ignores the third (honest but burdened by law).
[Read more…] about Pranabda, Here’s My Only Wish from Budget 2012-13