FM taxes people who earn above Rs.1.1 lacs per annum but does not taxes a crorepati who invest in stock market for a year and earns say 10-20 crore. What an irony and how stupid are these guys taxing someone who cannot earn two times meal and leaving those who don't care for money and this is all because they give money for party fund.
RE:NOT FORWARD LOOKING BUDGET
by cool guy on Feb 28, 2007 02:45 PM
Sriram are you crazy? if they tax businessman and block black money who will give them money to fight election? YOU?????
salaried people are being tortured. A person who earns 2lacs pa. will have to forego 90000/- cash for saving tax..or else pay tax of around 15000/- This is even more than his one month's in cash figure...is this fair?
RE:they should tell salaried person that he is not allowed to a good living standard!!
by on Feb 28, 2007 02:47 PM
I agree Pooja.
There is a small solution though. Our voice will surely not be heard, so the best thing I could do is relocate to Dubai. At least ,I dont pay any tax. What my monthly salary is what I get in my bank. That helps. Each time, I think about relocating to India, the tax scares me away... Pankaj
RE:they should tell salaried person that he is not allowed to a good living standard!!
by PKM on Feb 28, 2007 02:47 PM
Thanks for Very Good Comment. Pramod
RE:All about FM's new tax proposals; some I-T relief for individuals
by cool guy on Feb 28, 2007 02:49 PM
Srini, see he is smarter, he will fool you and tell you that you are not fooled. :)
RE:All about FM's new tax proposals; some I-T relief for individuals
by srini krishnan on Feb 28, 2007 02:46 PM
We have to pay 3% surcharge, to educate him first. What a tragedy!!!
RE:RE:Bud'jet'
by madhav on Feb 28, 2007 03:02 PM
suthar thoda sudar ja....betay....black money jyaada hai kya ??? kyon chamcha giri kar rahay ho ...FM ki jo faltoo minister hai
RE:Bud'jet'
by Amit Kumar Bajpai on Feb 28, 2007 02:42 PM
grow your brain, we live today onion Rs. 25/KG, Home Loan at 11.5%, Dal Rs. 60/KG and you are talking about growth
RE:RE:Bud'jet'
by Vishal Kanaujia on Feb 28, 2007 02:45 PM
yeah...i agree with u...instead of focussing on reducing prices...our FM is on makin things even worse!!!
time and again the salaried class has been targetted because you very well know that only salaried class can be taxed to the maximum, and the business class has been evading tax. I feel a party for the salaried class needs to be created else , we shall be suffering till the end
RE:budget not suitable for salaried class
by amrish tiwari on Feb 28, 2007 02:50 PM
salaried class need not to have more benefits,they do not get the risk of loss.
Chidambaram has made pet foods cheaper, but nothing has been done for people. Hope he has more pet animals in his house or he is pet of congress. What a useless budget he has made. Hope he is shown the exit doors this time, wake up indians
RE:Pet loving Person
by pavan karimbil on Feb 28, 2007 02:46 PM
So much effort in castigating the FM. Lets find new alternatives to increase out cash flow...
RE:RE:Pet loving Person
by pawan kumawat on Feb 28, 2007 02:59 PM
while lending their support to this govt. the Leftists have promised that they will act as watchdogs to keep watch on the functionings and policies of the Govt .towards poor and middleclass . Now even after this onslaught on the interests of these middle class people by this proindustrialistic budget ,they are silent. Have these watch dogs are taking a nap in this govt.
Please come out the whealthy back-ground, please come in side of a normal people who work on a private sector, they brought about 255-3000 thousand salary, how those peoples leave???? those peoples also who get only 90-100 per day, how they leave, how they keep their childrens' their eductation etc., You think only abouts rich peoples, and think about only Netha's, ministers and their peoples, Sir, please think about we Normal peoples who try to leave day day.....................
RE:Sir, We wish your think in our favour
by cool guy on Feb 28, 2007 02:48 PM
Monika you will not gain anything by crying, you should think of all this while voting , not now, its useless now.