We, the undersigned, collectively appeal to the Government of India to initiate a comprehensive reform and abolish the income tax system to address the financial burdens faced by citizens and to foster sustainable economic growth.

Key Issues:

1. Excessive Burden on Salaried Individuals: Salaried employees currently bear a disproportionate tax burden. They pay income tax directly from their earnings and face additional indirect taxes such as GST on goods and services. This dual taxation significantly reduces disposable income, making it increasingly challenging to meet essential expenses such as education, healthcare, and housing.
2. Taxation of Savings: The taxation of interest earned on fixed deposits (FDs) in banks and on profits derived from long term investments is a significant concern. Such interest and profits constitutes the hard-earned savings of individuals and should not be taxed, as this policy discourages saving habits and threatens financial security. 
3. Complex and Outdated Tax System: The income tax system was initially introduced as a temporary measure during exigent circumstances. Its continued application in its current form has become outdated and fails to address the complexities of modern economic realities. The lack of simplicity and fairness in the tax code affects compliance and citizen satisfaction.
4. Economic Growth and Stimulus: Current tax policies restrict consumer spending power. Abolishing or significantly reforming income tax could increase disposable income, thereby boosting demand across sectors such as manufacturing, real estate, and services. Increased economic activity would, in turn, generate more indirect tax revenue for the government.
5. Inequity in Taxation: The current system disproportionately affects middle-class citizens while leaving large-scale corporate and informal sector incomes relatively under-taxed. There is a need for a more balanced approach to taxation.
6. Retrospective taxation: Retrospective tax amendments undermine economic stability and fairness by creating uncertainty, discouraging investment, and imposing unplanned financial burdens on taxpayers who acted in compliance with the law at the time. They erode trust in the tax system and run counter to the principle of ease of doing business. Such laws are often seen as arbitrary and unfair, violating principles of equity and good governance.

Historical Context:

It has been over 75 years since Bharat gained independence from the British Raj. The British systematically dismantled Bharat's thriving economy, often referred to as the "Sone Ki Chidiya" (Golden Bird), and left behind a broken system designed to suppress true independence. This legacy includes outdated social, cultural, educational, political, and financial systems that continue to hinder Bharat's progress. Among these, the personal income tax system is a remnant of the colonial era that needs to be abolished to truly empower the citizens of Bharat.

Proposed Reforms:

1. Abolishment of Income Tax  Individuals: Eliminate or substantially reduce income tax for citizens to enhance their spending capacity and improve their quality of life.
2. Tax-Free Savings: Exempt interest earned on fixed deposits, small savings schemes, and profits from long-term investments from taxation to promote financial security and incentivize savings. This measure will empower the aging population to sustain their livelihood independently, reducing their reliance on the earning workforce and fostering an enhanced quality of life for all.
3. Introduction of Alternative Tax Models: Replace income tax with a simplified tax model, such as an employment tax or a transaction tax, ensuring equitable contributions from all sectors of the economy.
4. Streamlined GST Framework: Rationalize GST to replace indirect taxes more effectively and simplify the overall tax structure without disproportionately burdening individuals.
5. Encourage Economic Growth: Design a tax policy that incentivizes investment, promotes entrepreneurship, and ensures higher disposable income for citizens, ultimately driving robust economic development.
6. Incentivise Balance Population Growth: Provide tax benefits to families with two or fewer children to promote sustainable population growth. Conversely, reduce or withdraw incentives for families with more than two children to encourage responsible family planning.

Our Appeal:

We request the Honorable Prime Minister and the Finance Minister of India to consider these reforms and initiate necessary changes to create a fair, modern, and growth-oriented taxation system. These changes will not only alleviate the financial strain on citizens but also position India as a leader in equitable economic policies.

Supporting Perspective:

This petition to abolish income tax in Bharat is a step toward rectifying historical injustices and reclaiming the nation’s lost glory. Numerous petitions have echoed similar sentiments, and we urge citizens to join this collective movement to ensure true independence and prosperity for all.

Existing Petitions Related to Income Tax Abolishment in India on Change.org

Abolish Income Tax For Salaried Class
This petition appeals to the Prime Minister to eliminate income tax for salaried individuals, highlighting the financial burden caused by multiple forms of taxation.

Abolish Personal Income Tax
The petition suggests removing personal income tax to boost citizens' spending power and stimulate economic growth.

Abolish Income Tax In India
This initiative argues that abolishing income tax would increase disposable income and enhance consumer demand, benefiting the economy.

Abolish Personal Income Tax
The petition emphasizes alternative revenue sources, proposing the removal of personal income tax to simplify the tax system.

Abolish Income Tax
This petition advocates for replacing income tax with a streamlined system to reduce tax complexity and support economic development.

Abolish Income Tax & Replace It with Employment Tax
This petition proposes replacing the current income tax system with an employment tax, suggesting that this change could simplify taxation and promote economic activity.

Abolition of Income Tax on Interest on FDs in Banks
This petition requests the abolition of income tax on interest earned from fixed deposits in banks, emphasizing that such interest constitutes the hard-earned savings of individuals and should not be taxed.