Government: You owe us money. It's called taxes.
Me: How much do I owe?
Gov't: You have to figure that out.
Me: I just pay what I want?
Gov't: Oh, no we know exactly how much you owe. But you have to guess that number too.
Me: What if I get it wrong?
Gov't: You go to prison !
I'm working in Finance sector since past 2 years and I haven't seen anything as mind numbing as tax calculations.
My friend in USA on the other hand tells it's even worse there with most of the processes being on-paper and/or via private players.
I see many of my colleagues consulting CAs for ITR filing and getting huge returns. What I gathered from their filings were bogus Health Insurance claims, fake HRA claims etc being utilised for showcasing huge deductions. These filings w...
Good for the country. But the time is to leave this place with so high taxes. F this country
