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Interview: Marivic Españo How is the tax system being simplified to enhance the business environment? MARIVIC ESPAÑO: A tax system that provides lower rates, a simpler structure, and uniform tax treatment for similar incomes and transactions, in general, promotes transparency, ease of compliance and consistency. Businesses can therefore focus on growing their companies and making long-term plans without worrying about changes in interpretations or compliance rules. This is precisely the vision of the new government. Proposed tax reforms are intended to be legislated within 2017 and implemented by 2018. The filed bill for package one of the proposal contains the simplification and reduction of taxes on employees. The compliance requirement for employers will consequently be simplified, while the lower taxes will reduce pressure for salary increases. A simplified gross income taxation is being introduced for small businesses. Estate and donors' tax rates will be unified to a lower flat rate with minimum exclusions.
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Hardwickia based Agroforestry system Bamboo based Agroforestry system Teak based Agroforestry system Discover Journal Articles Full Text Only Peer-Reviewed Journals Professional & Industrial Journals Only Indian Journals "Hindi version of FarmTree app launched at CAFRI, Jhansi on 24th Jan. 2021" Download App From the Director's Desk Dr. A. Arunachalam, Director Agroforestry interventions in farmland have far reaching environmental and ecological impacts. The role of agroforestry in soil conservation, bio-amelioration and climate moderation is most widely acclaimed. Agroforestry is known to have potential to mitigate the climate change through micro-climate moderation, natural resources management in short run and through carbon sequestration in long run. Agroforestry has a great potential to provide employment to rural and urban population through industrial application and value addition.
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