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<h1>Proposal to Simplify 2009 Taxation: Lower Rates for Salaries, Simplified Capital Gains, Unified Income Tax, Mandatory PAN Use.</h1> A proposal for the 2009 budget suggests simplifying the taxation process for salary income by taxing all employer payments to employees, including perquisites, at a lower, straightforward rate. This aims to reduce administrative burdens and improve compliance. For capital gains, it recommends eliminating the short-term and long-term classification, offering indexation benefits for assets held over two years, and taxing gains at simplified rates. The proposal also advocates for a unified tax rate for all income types and mandates the use of a Permanent Account Number (PAN) for all transactions from birth, serving as a single tax identification number.