| Albert | Date: Thursday, 23 May 2013, 21:14:04 | Message # 1 |
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Have proper reasons. Well over half the people earns so little they don't have to pay income taxes. Despite its evergrowing people of nouveau riche, about 400 million Indians still live below the poverty line. Millions more people are <a href=http://michael-korsbagsonsale.blinkweb.com>Michael Kors Bags On Sale</a> exempt because regulations exclude farm income from taxes, no matter how much is earned. Since India has vast sums of small farmers, And effective bloc of wealthy farmers, That's a tax break few people in politics dare challenge. some tax breaks legally keep many more people off the tax rolls. The bulk of those paying taxes, qualified personnel say, Are salaried employees whose companies have the effect of making their tax payments. While those taxpayers can In this Saturday, March 30, 2013 photos, Shoppers to make Emporio mall in New Delhi, the indian subcontinent. In a rural of 1.2 billion people, A country where years of staggering economic growth have created tens of thousands of new millionaires annually and a recent slowdown has done little damage to a thriving luxury goods market, Far not as much as.01 percent of people admits they are in the top tax bracket. Less than 3 percent of Indians file income tax statements at all, And officials say no more than 1.5 million taxpayers declare <a href=http://www.cfultimate.org/cloutlet.html>christian louboutin outlet</a> earning more than 1,000,000 rupees a year (in $18,000). But <a href=http://www.dawnrichardblog.com/mkfactory.html>michael kors factory outlet online store</a> most the competition the barons of familyowned businesses to doctors, Lawyers and small traders in largely cash establishments that enable them, If they need, To hide most of those income. The size of India's underground economy and the number of lost taxes is widely debated, But perhaps the lowball figures are immense in a country with a nearly $2 trillion GDP. In recent surveys, Experts estimated that varying from 17 percent to 42 percent of the economy operates beneath the official radar. Billions of dollars are widely In this Saturday, March 30, 2013 picture, A worker cleans the bottom as shoppers leave the Emporio mall in New Delhi, of india. In a location of 1.2 billion dollars people, A country where years of staggering economic growth have created tens of thousands of new riches annually and a recent <a href=http://www.chutewp.com/oakley.html>fake oakley sunglasses</a> slowdown has done little damage to a thriving luxury goods market, Far not very.01 percent of the citizenry admits they are in the top tax bracket. Less than 3 percent of Indians file income taxation assessments at all, And officials say no more than 1.5 million people declare earning more than 1,000,000 rupees annually (nearly $18,000). ((AP picture / video /Manish Swarup))
considered to be hidden in Switzerland, Singapore and various other tax havens. Then there is undoubtedly a strange case of Mauritius. More than 40 percent of foreign direct stock market in India comes through this tiny island in the Indian Ocean. to some extent, That statistic reflects an IndiaMauritius tax treaty that legally eases the flow of commitment funds into India. so, doctors say, It also <a href=http://www.leffs.com/mkhandbags.html>michael kors handbags</a> allows Indians to launder huge amounts of untaxed wealth by sending their illegal cash to Mauritius, and after that "Roundtripping" It back to India available legal investments. If it would take concerted effort to turned off complex, international reach and international, international,global marketing moneylaundering operations, Catching at least <a href=http://www.ovtoc.com/cl.html>christian louboutin sale</a> some of India's highend tax dodgers should be unbelievably simple. it's, having, A country where flaunted wealth often seems as common as traffic jams. How about directed at the buyers of the 25,000 luxury cars sold last year in India? Or the clientele of bigbudget apartments? What about the people racking up thousands of dollars a month in credit card bills? Maybe tax researchers could go to those highend malls, looking to see who is buying all the expensive shoes. While the government says it recently has begun targeting some big spenders, Mailing notices to tens of thousands of people they say may have underpaid their taxes, Few believe officials have truly become demanding. "It's not really that tough chase down the tax dodgers, rumoured Mecklai, The consulting services firm CEO. "It's just a matter of putting the machinery in place, So why isn't the costa rica government doing that? The answers through
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