Thursday, October 24, 2013

What is logic for higher tax exemption to women? and Shanghai September 2012

What is logic for higher tax exemption to women?



In India, we follow progressive taxation policy considering equity of income. It means higher the income, higher the tax. If a woman is working, it means there are two income earners in the family(except single women). Then the income of such family will be almost double of single earning (only man working) family. Then where is the consideration of equity.


Taxation best answer:

Answer by Satvir Singh
It was basically to encourage women to become self dependent, because under traditional Indian values, women work rarely.


Taxation

Shanghai September 2012
Taxation

Image by Remko Tanis
'Great contributions to the society' on the wall, above a chart outlining the growing tax revenue from tobacco sales in China; in the China Tobacco Museum in Yangpu, Shanghai, China



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