Follow the 80:20 principle
This refers to Rajesh Mahapatra’s Rewrite IT law if you must, but not in haste (Deep Cut, September 10). The threshold income for taxing should follow the 80:20 principle: The starting point of taxable income should targets the rich 20% who account for 80% of tax revenue. This will focus administrative action on tax evasion. YG CHOUKSEY PUNE