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A Suitable Tax system in Indian Economic Conditions (A collection of essential features at a glance)

Author

Listed:
  • Virendra Kumar

    (Research Scholar, C.C.S. University, Meerut.)

Abstract

Tax system is basically a combination of different policies, principles and cannos of a state which are adopted to collect money. The tax structure should be flexible to the changing requirements of the economy & there must be an arrangment for tax payer’s right. The tax system and the fiscal policy of Government should directly promot the capacity to take risks and invest further. In a developing economy, the public must not feel that the existing tax policy is exploiting in nature, and a belief must also be established that the money collect as tax is used properly without wastage.

Suggested Citation

  • Virendra Kumar, 2005. "A Suitable Tax system in Indian Economic Conditions (A collection of essential features at a glance)," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 0(1), pages 73-75, October.
    • Handle: RePEc:jct:journl:v:0:y:2005:i:1:p:73-75
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    File URL: http://www.jctindia.org/october2005/v0i1-13
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    More about this item

    Keywords

    stress; employee attraction; pressure; turnover; retention strategies;
    All these keywords.

    JEL classification:

    • A0 - General Economics and Teaching - - General
    • C0 - Mathematical and Quantitative Methods - - General

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