FIN623 - Taxation Management (27-04-2012)

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Discussion Question:

“It is said that the tax burden in our country is mostly borne by people having lower income. What measures can be taken (any three) to increase direct taxes from rich people and also suggest a single measure (other than the rebate or refund) that can be taken by the government to shorten the tax burden borne by the low income people?”



Note:

Your answer should not exceed 5 to 7 lines.