Nilesh Shah, MD, Kotak AMC, says the focus of the Budget should be on equal distribution or equitable distribution of taxation burden. As a salaried employee, we are reasonably honest in complying with taxation regulations. But in non-salaried taxpayers, sometimes there is a vast gap between what one should be paying tax fairly and what is being paid. How do we simplify tax structure so that there is equitable distribution of taxation burden?
Mutual fund AUM to surpass Rs 100 lakh crore mark in 2-3 years: ICRA
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