Edit this postA common man gets hit from both sides as he gets lesser money in form of pay and also ensures that he pays the tax timely and correctly by way of tax deduction at source.
Our eminent GAAR also took birth by way of the thought process of the politicians to teach a lesson to Vodafone or similar other business who did not toe their line and that too when they got a boot from Supreme Court who exposed the hollowness of tax rules.
Now same has been abandoned due to pressure from other politicians who might have been functioning as a stooge for these corporate houses.
Now as a nation we need to wake up and make sure that we have strict tax regimes and we do not toe the line of corporate houses who fund the parties for their election campaigns and get the rules twisted in their favour.
