Rulers make rules for self Ordinary citizens are at the mercy of the tax authorities.Non filing of returns in time results in punitive fines Why no fines for return of taxes due within such limits?BCCI with income envy of a small state is a charitable institutions subject to nil tax.On the contrary Reg Charitable Trust with specified schemes ,10% of the Income is taxable,putting Trust in difficulty of its annual obligations.Even film actors enjoy tax benefits on purchases etc.Best is that MLA’S MP, s have framed rules of tax exemptions with incomes running into lakhs designated as emoluments Even medical reimbursement and other incomes are taxable but not perks and privileges of legislators. Tax payers for life receive no benefits of direct tax payments At least post retirement need to be exempted from tax liability on meagre pensions far less than travel and other benefits to legislators Nelson Lopes Chinchinimm
Nelson Lopes Chinchinim https://lopesnelsonnat.wordpress.com Nelson Lopes Chinchinim https://lopesnelsonnat.wordpress.com
