I have maintained that you flush out the Auditors you get the black money out in India. The same to be the case in The US. Read On; All citizens of a nation are bound by law to pay tax to the government. It is one of the major sources of revenue which … Continue reading How IRS Tax Preparers Lead People Away From Fraudulent Schemes
Tag: tax
Many Indians ,especially the younger generation including and especially my son, is never tired of telling me how bad India is and how good, orderly and Citizens are in the US and Europe. I have agreed to the extent that India is corrupt and needs a Clean up and at the same time The West is not a Puritan either. If the scams in India are in crores of Indian Rupees it is in Millions of US Dollars and Pound Sterling abroad. This post is an eye opener for those who praise the citizens abroad for their Dutiful citizenship. You dot evaluate a culture by mere standing in Queues and cleanliness on the road. I have my brother's Grand son living in Sweden for quite a few years now. He used to tell me how responsible and helpful the Swedes are in helping out citizens in need of Government assistance, be it a form filling even. Yes .
There is furor in the US over the US Bill on Taxes which was passed yesterday with a lot of maneuvering by Obama Administration. There has been a hue and cry over the Bill stating that it will increase inflation for it aims at increasing Revenue without a cut in spending. Those who object to this Bill really mean spending on Social Welfare and expenses … Continue reading Fiscal Cliff US Bill Details Overreaction From Corporates
Laudable indeed. How about a Sin Tax on Bribe? Even a .1% on those who contest elections based on their current assets/income and subsequent increase in the assets would definitely net a better return!
The Income Tax Department has introduced a facility to file Income Tax Returns. Kiosks are being established in various centres of Bangalore especially in Malls and other places where people turn up in huge numbers A Kiosk on the line of ATM will be installed and you can file your Tax Returns there. How to use the Kiosk. At the … Continue reading How to File Income Tax Returns in a Kiosk
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