"The most important thing to do today is to generate enthusiasm. No economy can improve if people feel defeated and become risk-averse. Therefore, we have to bring the positive feeling back by implementing measures that would revive the outlook. The other step that should be taken is increase the savings rate, help people save more, as this would translate into more investment which in turn would boost growth." -- Dr. Subramanian Swamy Nearly 35-40 million Indians pay taxes annually; however, only 1% of the total tax payers account for a major chunk of tax collections. For the remaining tax payers, filing returns is a complex process involving extensive paperwork. While skeptics highlight an annual loss of INR 2.47 lakh crores of revenues; they tend to overlook the inherent benefits (monetary as well as non-monetary) that will accrue with such a system. Moreover, the system of zero taxation is also working effectively in nearly 15 other countries around the world.