Page:Indian Journal of Economics Volume 2.djvu/341

 iNDIAN INCOMB AX Rs.l,000 in 1872. Finally in 1873 there came a second period o! total abolition of the income tax. Before passing any final judgment on the income tax acts enacted between 1869 and 1878, we try to summarise the changes and differences were to be found in the provisions of these tax laws as contrasted with first income tax those every shall that uncertainty and employment of ordinate officials for assessing the changing rates, and you informers, purposes. have the distrust and .a vociferous, though just, popular agitation against the income tax. This was probably the greatest blunder ever committed in the financial annals of the country. It was attacked from all sides. Every year and every year there was a i. The authorities did not there was a discussion hope of getting rid of distingnish between the English and Indian economic and financial conditions. To make the income tax in India serve the same purpose as in England, that is making it a varying tax to suit the ever changing times at that, was untacful. In regard to the fiscal results, it is needs, and in peaceful true that the tax in 1870 at the rate of 8 per cent produced much more money than the tax in 1860-61 at the rate of 4 per cent, the actual amount being over Rs. 200 lakhs. I Vol. I, q$ 2790-1; .V. ol. II, Qs. 7465,7747-9, 7581-82. s For eases of extortion, etc., see Bsport on the Administration of Jamme Tax in Bensal for 1869.70, pp. and sub- Add to it greatest income was less ecessarily ' n in- required to render a statement of his income; in the more recent laws that provision was omitted, and instead the collector was required to send a statement of the sum to be paid by the tax-payer who was bound to prove in case of an appeal that his than the erie stated..  This change creased litigation, extortion, = fraud, over assessments, of the law of 1860. Under the person liable o the tax was