Page 101 - #letter to son
P. 101
#SangamNiti TWILIGHT
yet there have been some glitches that need to be smoothened. As a
further simplification measure, tax should be levied on transaction of
goods and services that will also circumvent double taxation issues.
A partnership approach between the government and its citizens will
revolutionise compliance, while helping develop a forward-looking
society that is anchored on transparency, governance and holistic
progress.
#SangamNiti: Credit should be made available interest-free and equity
should take the place of debt. There should be proper and detailed
accounting and reporting of government transactions with high
levels of accountability of public servants and civil representatives.
Tax simplification should be a top priority to incentivise the common
taxpayer, which will thus expand the taxpaying citizen base.
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