Many individuals consider Taxes as an inevitable burden. However government can collects money through it and utilise those money for build-up strong Nation. For both batter infrastructure development and alleviate financial gap between rich and poor in society higher tax ratio is very effective for country.
Hefty amount of money require to develop batter infrastructure for citizens. Governments collects money from them through tariff and Creating essential amenities such as Hospitals, Schools and Colleges, highways, Airports and railways, as well as creating strong defence system from Nation large amount of money require. Those amenities are eventually helps people to live batter quality of life. Just as in resent past Indian Government is working for Bullet train project which has estimated cost around $1 billion and this reduce travelling time from many hours to minute. This one of the two reason for batter higher levy.
Also, higher tariff is very good way to creating financial equality among citizens buy imposing higher taxes to rich person while comparatively less for pours. May developed nations have different tariff slab for wealthy which is not only very effective way to mitigate financial division in society but also serve equal services for all peoples. India has three different tax slabs, 30% for very rich who earns more than 90 lakh in a year, 25% for middle class persons who’s par year income is between 2. 5 to 90 lakh, while 10 % annually levy on who earn less than 2. 5 lakh par Annam. This is second reason for higher levy is batter.
Collecting more money through higher tariff has both advantage such as improve batter infrastructure and increase amenities for inhabitants as well as helps to develop nation much faster. Fore afor-maintion reasons higher tariff are batter because it indirectly improve both life-style and amenities of citizens.
Many
individuals consider
Taxes
as an inevitable burden.
However
government
can
collects
money
through it and
utilise
those
money
for build-up strong
Nation
. For both
batter
infrastructure development and alleviate financial gap between rich and poor in society higher
tax
ratio is
very
effective for country.
Hefty amount of
money
require
to develop
batter
infrastructure for citizens.
Governments collects
money
from them through
tariff
and Creating essential amenities such as Hospitals, Schools and Colleges, highways, Airports and railways,
as well
as creating strong
defence
system from
Nation
large amount of
money
require. Those amenities are
eventually
helps
people
to
live
batter
quality of life.
Just
as in resent past Indian
Government
is working for Bullet train project which has estimated cost around $1 billion and this
reduce
travelling time from
many
hours to minute. This one of the two reason for
batter
higher levy.
Also
, higher
tariff
is
very
good
way to creating financial equality among citizens
buy
imposing higher
taxes
to rich person while
comparatively
less for pours. May developed
nations
have
different
tariff
slab for wealthy which is not
only
very
effective way to mitigate financial division in society
but
also
serve equal services for all peoples. India has three
different
tax
slabs, 30% for
very
rich who earns more than 90
lakh
in a year, 25% for middle
class
persons
who’s
par year income is between 2. 5 to 90
lakh
, while 10 %
annually
levy on
who
earn less than 2. 5 lakh par Annam. This is second reason for higher levy is batter.
Collecting more
money
through higher
tariff
has both advantage such as
improve
batter
infrastructure and increase amenities for inhabitants
as well
as
helps
to develop
nation
much faster. Fore
afor-maintion
reasons higher
tariff
are
batter
because
it
indirectly
improve
both life-style and amenities of citizens.