Posts Tagged Indian Tax Slabs

How More Taxpayers Are Less Revenue Yielding?

We have failed to notice our own potential, distracted as we are by the ideas of the developed countries. We have always been great learners from wherever we could gain knowledge. At the same time we generated valuable knowledge in diverse fields of our own. Our model of prosperity is bound to be distinct from theirs: they have enriched themselves through colonialism; we have never colonized any other country for enriching ourselves at their cost. Historically, we had practiced international trade and derived the most out of commerce. We are a richly endowed country of enterprising and hard working people. We can reach the top even now, only if our budget philosophy changes according to these needs.

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