Re-designing Individual Income Taxation
Most of the individual tax payers pay tax on their income from salary. With the salary the receive, these individual has to manage all the basic needs as well as extended needs. However, tax authority allows deduction on only 3 types of expenses. As if people need only house to live, medical to health and conveyance to go office. As if people do not need to eat, do not need to wear cloths and send their children to schools. Read more