Hello, friends! Imagine, our Prime Minister appears on the TV tonight to make an announcement. "Friends, to protect you, to protect your family, tonight, midnight onwards, the Income Tax in the country will be abolished." "Ta-ta, bye-bye." "No citizen would have to pay any income tax any longer." "India would now become a 0% Income Tax country." Good news for all citizens. Don't you find this quite unrealistic? But it is not unrealistic. Because BJP MP Subramanian Swamy supports this. He says that to revive the economic growth of the country, Income Tax should be abolished. There are several countries in the world where no personal income tax exists. But for a large country like India, is it possible to do this? If yes, what will be its pros and cons? Come let's try to find out in today's Blog.. "In the upcoming budget, the Government can make drastic decisions. "Personal income tax and Simplification of taxation." &quo
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