Many a dreams Dies down its natural death due to two reasons, high taxation slabs and lack of financial support from Banks unless there is a political God Father backing it up.

I would like to request through this petition that since GST has been introduced, why don't Income Tax be abolished as it will help in empowering businesses to bring everything in banking system for spending and Govt will anyways collecting taxes on every expenditure, the revenues will increase, not decrease if the Income Tax is completely abolished. It will also open up flood gates for FDI to flow in and the ambitious target of 20 million jobs per annum will become an instant reality. 

We have been observing that there are no benefits for Tax Payers and the ever growing cost of paying to prove honesty in pursuing businesses is becoming a great deterrent for new businesses. Tax Payers don't get any preferences in travels, education, health services, electric bills but are always being used to help the Lawmakers and public Servants getting their pay packets and amenities given to them going higher and higher. The number of headcount we have is making India a market for the world but Taxation Policies is not letting things work to IndiasI benefits to trigger an upsurge in GDP and thus boom in global economy.