Dhiraj Budharaju
11 years 8 months ago
IMP points for a healthy GDP: 1. VAT should be eradicated Only 1 tax should be applicable across India. 2. No item can be taxed multiple times (Excise, CST, VAT) this practically rules out any margins for business people and indirectly forcing people to avoid billing inturn increasing the unofficial (black) money. 3. All property registrations should happen at actual price. Reduce the registration charges and property taxes. Atleast 25% black money rotation can be stopped if this is taken care
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