Moreover, the exclusion of agricultural incomes from the income tax base provides opportunities for tax evasion by camouflaging taxable income and black money as gains from agriculture. Therefore, th...
Thevalue-added tax(VAT), theincome tax, the excise tax, and imports duties contribute to the national revenue. The government is deprived of substantial tax income by informal-sector economic activity, which is not taxed; in addition, tax collection itself is not considered adequately efficient....