Sales Tax Refund System Best option against corruption
Introduce Sales Tax Refund system- the Best Option against corruption Of late India is gearing up to cleanse the system out of corruption and so many important and bold steps has been adopted which has brought the country into a transformative phase. All the steps are being implemented with good intention to stengthen Indian economy by cleansing fake and black currencies from the system. I strongly feel that if the following suggestions are introduced immediately after the demonetisation phase along with the introduction of GST into the Indian system then it may create “WONDERS” to Indian tax system as well as it may become a catalyst to help curb accumalation of black money. Indian government must introduce a system of “Sales tax refund” similar to “Income Tax refund”. The introduction of the same must be in a such a way that for all the purchase with a valid bill through debit or credit card will enjoy a 5 % refund to the buyers bank account on monthly basis or