Answer to Question #205008 in Finance for Aviwe

Question

Explain the administrative efficiency of taxation with the inclusion of the tax avoidance, tax evasion, tax gap, tax morality. Further, discuss Flexibility

Answer 1

A modest restriction on capital gains exemption will preserve ordinary investors' interests while also increasing tax revenue. The existing tax deduction for housing loan interest of 1.5 lakh can be doubled because the multiplier impact of greater housing activity can boost growth by a significant margin.