Tag Archives: environment

Enough is enough – Time to tax the Lazy Farmers!

Before you pick up that club let me make it clear… we said Lazy Farmers… and not all Farmers!

Before we come to the Tax the Farmer bit… lets be clear that Govt must take care that the poorer section of the economy is taxed the least. But with GST on food items they are taxed ON PAR with the RICH. So how do we solve this?

  1. INCOME TAX – Anybody who earns less than 10 Lakhs should have Zero Tax. Anything more should be taxed at 10% flat. Keep it simple. This is good for next 10 yrs. Set Higher standards for human life. Be the Vishwaguru… lead the world… not follow other countries. (If not this then at least allow other growing expenses like full rent-paid, full electricity-paid & fuel paid as deductions for individuals). But keeping 10 Lakhs is best & simple. Today’s exemption limit of Rupees 3 Lakhs (which is Rs 25,000 per month) is a joke because uneducated labourers, rickshaw/uber drivers make more than this. Expecting them to file for Zero-Tax returns will increase huge paperwork with no added tax income for the govt.
  2. GST – Increase the GST limit for companies from 20 L to at least 1Cr. This is because in the last 5 yrs the economy & inflation – both has grown at a very fast pace. In the next 5 yrs it will grow even more.
  3. Our version of Farmer TAX is explained below:
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