SUGGEST TO REPLACE ALL TAXES WITH ONE TIME YEARLY TAX ON PROPERTIES
BUSINESSMAN SUBODH JAYAPRAKASH GIVES CREATIVE VENT TO HIS TAXATION WOES, PRODUCES FILM ‘TAX FREE INDIA’, A RAY OF HOPE FOR TROUBLED TAXPAYERS
MUMBAI, 23 MAY, 2025 (TGN) : Trading community demands to remove income tax, GST, VAT, excise, custom duty, property tax, MCA ROC, professional tax, stamp duty etc. It should be replaced by one time property tax. A flat yearly tax of Rs. 700 per square feet to be collected from commercial establishments in advance. This will increase the government revenue from the present level and stop various harassments & torture faced by businessmen and tax payers in India.
The budget of Union of India is projected at approximately Rs. 57 lakh crores, out of which Revenue is projected in the range of Rs. 40 lakh crores. The deficit of approximately Rs. 17 lakh is projected to be covered through various types of debts. This deficit, the debt and its interest payment is effectively a ballooning effect to which there is no end in sight or proper vision. Other than this, there are various state budgets and municipal budgets as well, almost all of them being funded through debt.
Instead of various and complicated tax systems like GST and Income Tax and others, the commercial establishments should pay a one- time tax of Rs. 700 per square feet per year. In India, assuming that there is approximately 10,000 crores square feet of commercial area, the collection shall be Rs 70 lakh crores easily, which is more than budgeted revenue of approximately Rs. 57 lakh crores of Union of India. In the most simple way, there will be no need for all other taxes and compliance.
The present tax structure is very complicated and it breeds corruption and harassment. It gives enormous power to bureaucrats to browbeat the tax payers and generate black money. The trading community collects the tax on behalf of the government from the customers, maintains the accounts at their own cost and are liable to keep account books for 8 years, which is too long a period.
The onus of proof lies on the trading community on one hand whereas the government officers have unlimited powers to issue notices, carry out search & seizure, causing one sided utter harassment to the traders and their families, demanding black money for settlement even from honest taxpayers. The traders have to run from pillar to post as Indian legal system is loose & lethargic taking years to give justice, causing waste of money and mental trauma not only to the traders but even their family members.
Mumbai based common businessman Subodh Jayaprakash in the last 40 years had to give so much time & energy towards the compliance of government laws. He has now expressed his entire life’s feelings in a creative way by making a full-length Hindi feature film called ‘Tax Free India’ with a solution for these perennial problems of the country as well as a guidance to general public from his own personal experience.
(Link to the film given below). However, the Censor Board (CBFC) refused to give censor certificate for the film . Jayaprakash was given the option to approach the High Court for redressal and to get his film certified, but he knew how much time & money would be wasted, without any assurance for justice. So, instead, he released the film on You Tube, which is legally permitted.
Watch Exclusively on You Tube: ‘Tax Free India full movie’ OR scan QR code:For support to this noble cause, public please contact: Email: subod68@yahoo.com, Instagram: subodh_Jayprakash.
Subodh Jayaprakash appeals to the viewers that “Our film, Tax Free India, is now live on YouTube. The movie carries a strong social message that will resonate with citizens nationwide. We’ve received encouraging likes and comments, and truly appreciate your support. We kindly urge you to like, comment, and share your thoughts on the film. Your engagement not only helps us reach a wider audience but can also help bring the film’s message to the attention of the government and relevant authorities.Let your voice be heard together; we can amplify the purpose behind Tax Free India. Thank you for supporting meaningful cinema”.
Subodh Jayaprakash further stated that if government decides to change over to the new system, the government will get single source of income in advance. It will increase development and speed up justice in the cases of fleecing the traders by cheating and robbery with the reduction of generation of black money in the system. It will increase the bank transaction and employment opportunities. It will hold the price rise. The big advantage of his new system will be to curtail the prevailing trend of investing black money in Dubai and other tax haven countries, which will gradually bring back the illegally transferred foreign money back to India. This will augment the flow of accounted money in the circulation and curb the prices & inflation.
In this movement, Subodh Jayaprakash has been supported by various trade organisations, which include, Shankar V. Thakkar, Secretar y General – Confederation of All India Traders (CAIT), Maharashtra Unit & National President – All India Federation of Manufacturers & Edible Oil Traders, Deepa Ruparel – United NGO Chamber for Social Development Yogesh Thakkar, President – Mewa Masala Masjid Bunder, Ramnikbhai Chheda, President – Mumbai Grain Merchants Association, Kirtibhai Rana, President – Navi Mumbai Merchants Chamber, , Chandrakant S. Ramane, Director – Navi Mumbai Coop. Housing Society Ltd.
http://www.subodhfilms.com/
