Income tax act

Jan 04, 2007 16:29

The other day I was going through the income tax act to understand the tax implication regarding having a salary outside India. Going through is an understatement. I literally had to read each line three or four times with full concentration to understand it.
One of my colleagues rightly pointed out how on earth would our respected uneducated Member of Parliaments read it, then understand it and then raise objections on the finance act being passed. This is really a good point, if it very difficult for an engineering graduate to understand the act how they understand it?
I do agree that education should not be a criterion for becoming a Member of Parliament but do they get a separate version or something for understanding the acts? If that is the case cannot we get the same?
I would say we should have two versions, one the preliminary version that will not hold in the court of law and other the actual act itself. So the person gets familiarized with it and then goes to the act for clarification if any.

opinion

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