https://www.taxtmi.com/article/detailed?id=5981 The author urges fiscal and administrative reforms to respect taxpayers and improve government productivity: reduce wasteful expenditure, train officers to serve rather than harass, narrow presumptions of wrongdoing, and simplify result-oriented procedures. Tax policy recommendations include lower rates, reduced indirect taxes on non-essential goods, broader depreciation and investment incentives, encouragement of savings and capital formation, reconsideration of wealth tax, and options to revalue long-term assets for capital gains. Religious institutions should be required to deploy surplus assets for social infrastructure and avoid waste. en-us Wed, 31 Dec 2014 07:02:27 +0530 Wed, 31 Dec 2014 07:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5981 The author urges fiscal and administrative reforms to respect taxpayers and improve government productivity: reduce wasteful expenditure, train officers to serve rather than harass, narrow presumptions of wrongdoing, and simplify result-oriented procedures. Tax policy recommendations include lower rates, reduced indirect taxes on non-essential goods, broader depreciation and investment incentives, encouragement of savings and capital formation, reconsideration of wealth tax, and options to revalue long-term assets for capital gains. Religious institutions should be required to deploy surplus assets for social infrastructure and avoid waste. Articles Budget - Tax Proposals Wed, 31 Dec 2014 07:02:27 +0530 https://www.taxtmi.com/article/detailed?id=5981