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Scammed TAXATION Pizza Taxed 18.5%, Cars 8%, GST Worse

July28, 2016 (C) Ravinder Singh progressindia2015@gmail.com
Taxation in India is SCAMMED and implementation is SCANDALOUS that has
led to a situation where rich states are becoming richer and poor
becoming poorer.
I was stunned to see Online Pizza made in Village Factory delivered
was taxed 18.5% [VAT 12.5% and Service Tax 5.6% Plus Cess].
    VAT & SERVICE Tax administration doesn’t distinguish between a Five
Star establishment and a Village Factory.
    A Pensioner aged 86% is now subjected to 10% TDS for annual income
of Rs.50,000/- on Fixed Deposits.
    Luxury Products for the Consumption of SUPER RICH are Taxed Lower
than even food factories.
    Banks are FUNDING SCAMMED CORPORATE than New Enterprises.
    Banks are promoting HOARDING – TRADERS – sanctioning Working Capital
when CORPORATE had pending Dues of Suppliers for 6 months & Had Taken
Advances from Agencies & Distributors.
ZERO TAX STATES FOR INDUSTRY
http://ic.gujarat.gov.in/wp-content/uploads/2015/01/102014-922908-G.pdf
,  http://ic.gujarat.gov.in/?page_id=147
    Not Just That States Like GUJARAT Offer TAX CONCESSIONS LIKE THE NEW
POLICIES Announced;
    THIS IS IN FACT TRANSLATES TO ZERO TAXATION STATES, WHEN COMPANIES
GET 5% OF PROJECT COST FOR PREPARING DPR, 60% to 80% COST OF PROJECT
FOR INDUSTRY INFRA.
    In addition these get CONCESSIONS UNDER CENTRAL SCHEMES ALSO.
We Should Reform our Taxation System Than GST That is
Just & Fair to All States & All People
GST is No Solution To Our Problems
GST Shall Promote Tax Evasions
States, Like in USA, Can Collect Taxes More Efficiently
India Should Have Uniform ‘NATIONAL INDUSTRIAL POLICY’
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9871056471,
9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power,
Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing,
Technologies and Projects

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