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ARJUN. M
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I T Vs. W T [Replacing Tax on Non Corporate Income with Tax on Non Corporate Wealth]
Replacing Tax on Non Corporate Income With Tax on Non Corporate Wealth.
D K Singh
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Description
The book is an extension of the concept for fixing tax liability on the basis of paying capacity of the tax payer. It aims at redistribution of tax liability with a shift towards high net worth individuals. Merits of wealth tax law over the income tax law are discussed with reference to gain to Revenue, hardship to the tax payer, ease of compliance and enforcement of law.
About the Author
Book Details
ISBN: 9789387480124
Publisher: Self
Number of Pages: 217
Dimensions: 5.5"x8.5"
Interior Pages: B&W
Binding:
Paperback (Perfect Binding)
Availability:
In Stock (Print on Demand)
Ratings & Reviews
I T Vs. W T [Replacing Tax on Non Corporate Income with Tax on Non Corporate Wealth]
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Interesting book.
I, congratulate & thank you for bringing so much materials on record. The book is fully armed with facts, figures & cogent reasons. After going through the book, prima facie I come to conclusion that , if ur version comes in existence, definitely alarming & mind boggling results will come in as much as there will be no loss of revenue, less evasion, less litigation etc. In nutshell Author of said book deserves applaud & appreciation for his sincere effort & hard-work.
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Better tool for collection of revenue.
The book is all about merits of wealth tax vis a vis the merits of income tax with reference to ease of compliance and enforcement of the two laws. Advantages of having wealth tax in place of income tax are many including less evasion of tax, least hardship to the taxpayers and supportive of the principle of socialism.