Govt. promises stable Tax regime....

Govt. promises stable Tax regime.... pg 19, Times of India, 20th Dec 2012

I have a few suggestions here.  

1.All employed Indians should pay a MAT of Rs 100/- Annually if there is No Tax Liability

2.All Street Vendors should pay a MAT of Rs 500/- Annually if there is No Tax Liability.

3.All Shop Owners should pay a MAT of Rs 1000/- Annually if there is No Tax Liability.

4.Persons owning a Vehicle must pay a MAT of Rs 1000/- Annually if there is No Tax Liability.

Tax Liability in Metros should be exempted for a Salary of Rs 4.5 lakhs

Tax Liability in other Class A Cities should be exempted for a Salary of Rs 3 lakhs

Tax Liability in Rest of India should be exempted for a Salary of Rs 2.5 lakhs

This will get the economy moving. You need to place Money in the hands of all, so that they can  spend and keep the wheels moving.

Citizens who have more than one Apartment / other property income to their name, must be exponentially Taxed.

Apartments kept locked for more than 9 months in a year, must be so taxed, that it is a better for the owners to rent the place.

Families residing in the same house and owning more than one vehicle must be taxed exponentially.

Industrialists must follow what I mention in an earlier blog If their Individual Salary exceeds Rs 120 Lakhs, then their Tax Liability must exceed 60%