Wednesday, November 8, 2006

Tough to pay tax

BS reports
India is home to the most burdensome tax administration, as measured by the number of pages of central tax laws, among the world’s top 20 economies, a new study has revealed.

India, ranked 10th among the world’s 20 biggest countries in terms of GDP, has 9,000 pages of primary tax legislation, global accounting major PricewaterhouseCoopers said in a joint study with World Bank.

No comments: