THIS BUDGET PRESENTED BY CHIDAMBARAM WILL SOON CAUSE THE FALL DOWN OF UPA GOVERNMENT.HE IS THE CREATOR OF INFLATION OVER THE YEARS? DOES NOT HE KNOWS WHY IS THE INFLATION, WHO,IS BEHIND THAN HOW U WILL CONTROL? HE HAS SYSTEMATICALLY DESTROUED THE GAINS MADE DURING NDA REGIME AND NOW RUNNING HERE AND THERE TO CONTROL THE KILLING INFLATION .MORE THAN 5000 FARMERS HAS TAKEN TO SUCIDE DUE TO EXTREME POVERTY IN VIDARBH? SONIA-PM-FM-RBI HAS MADE GENERAL CLASS PEOPLES TO SUFFER.LIVING AND SURVIVING HAS BECOME VERY HARD DUE TO FOOLISH MAN (FM)BUDGET .PEOPLE WILL DEFINETLY PUNISH THEM SOON.SONIA JI IF U WANT TO RETAIN UPA IN THE POWER ,U SACK THIS FM AND RBI GOVERNOR WITH IMMEDIATE EFFECT RESPONSIBLE WITH PLAYING THE NATIONAL ECONOMY.HE IS SOLELY RESPONSIBLE FOR KILLING THE APPRECIATION OF RUPEE WHICH DIRECTLY CONTROLS THE INFLATION? psagrawal
RE:CHIDAMBERM BUDGET-2007
by Gmail Rediffmail on Mar 01, 2007 01:19 AM
my dear no one succide for one or two year of poverty.
If one is in poverty for 5 years then he succide. suiccide cases were a year back, so farmers were succiding only because they were not able to earn from last 5 years (3 years of NDA)
WE ALWAYS KNEW CONGRESS DOES NOT NEED SOMEBODY ELSE TO SCREWUP FOR THEM. THESE STUPIDS STILL THINK THAT PEOPLE DON'T UNDERSTAND THEM A LA Mrs. G.
CHIDDU BABY YOU DONE IT. U HAVE MANAGED THE BIGEST SCREWUP IN THE HISTORY OF INDEPENDENT INDIA.
YOU GONNA SINGLE HANDEDLY SEND MADAM BACK TO ITALY. WHAT'S SHE DONE TO U?
U BLIND DEAF OR GONE BONKERS? WHAT HAVE U DONE TO COVER MORE PERSONS UNDER INCOME TAX NET? DON'T U THINK THAT WAS MORE IMPORTANT. UARE PROBABLY CLUELESS
RE:CHINDAMBARAM BABU HAI HA I!!!!
by msaccounts msaccounts on Feb 28, 2007 11:10 PM
i beg to differ chidambaram has been one of the best fms we have a dream team in manmohan singh montek singh and chidambaram ably guided by sonia gandhi we dont have a militry officer like jaswant singh as fm from a party that only understands communal politics.
RE:RE:CHINDAMBARAM BABU HAI HA I!!!!
by on Feb 28, 2007 11:25 PM
well if it a dream team they are day dreaming and working to wreck dream of middle salaried class .
Whatdo u find so dreamy about these guys? DALS at 56/kg? Cooking oil at 82/litre? reduced government expenditure on bureaucracy? MORE primary Schools? better hospitals? they have managed to even screw up the roads being built by theprevious govt. their railway minister says he will only permit rauilways with expected returns of 17%. heard anything more crazy. you sent satelites and plan a voyage to moon but refuse afew crores to connect hinterland. may be they are afraid the tribals will develop and join the urban folks to kick them out
RE:RE:RE:CHINDAMBARAM BABU HAI HA I!!!!
by dilip mathew on Mar 01, 2007 05:32 AM
U seriously have no clue about the budget.. Go and read it... Just don't blabber...
Successive budgets by this Finance Minister has seen the ax fall on the salaried middle class in one form or the other. The latest is a token gain of Rs. 1K by enhancing the exemption limit by Rs. 1000 while imposing a education cess of an additional 1 percent on income tax and on utilities of daily use like electricity and telephones. This is akin to treating thee 300 plus million middle class with utter contempt. Leave aside gaining Rs 1000 most people will end up spending more. In these days of rapidly rising inflation this is a cruel joke. Entreaties to the Finance Minister will as usual be met with pompous disdain, and arrogance. The only way open is to wait till the next general election and hit the present government hard by voting against it. The congress forgets that one of the main reasons that they were able to form a government was due to the fact that the BJP in the last general election was able to bag only a couple of seats in urban constituties. The voting trend in Punjab will be a precursor as to what will happen during the next general election if the middle class is always unfairly taken for a ride.
I don"t think it proper to critisize FM. Ours is a developing economy and the development has to reach to all classes of society. Further, any FM of any ruling party has to perform a very difficult duty of bringing in an overall balance between different factors viz. Demands from (1) Workmen (2) Industry (3) International community (4) World bank (5) Agricultural sector (6) Traders within the nation (7) International market (9) Poor class of the society (10)Defence. Different factors have exactly opposit demands. Any FM is required to fulfil the requirements from the megre sources. It is therefore, but incumbent that all expectations of each class can not be satisfied. After all we must keep in mind that our economy is not a rich economy in the world. Various natural calamaties like earthquake, tsunami, floods, etc. add fuel to the fire. Hence, at least educated people must understand the hard path of FM and try to avoid harsh reactions regarding budget. - Jayant
RE:RE:BUDGET
by rprasad karajgi on Feb 28, 2007 11:35 PM
khoob likha hai dost...shaayad jayant ye bhool rahe hain ki hum insaan hai aur pedigree ya TV ya Fridge nahin khaate. Chalo ek aur buddhu ka pata chala
RE:BUDGET
by Hebbar R on Feb 28, 2007 11:28 PM
And this budget has done nothing for any of what you say should be tackled!!!! While it is unrealistic to expect all sections to be happy, this budget has successfully made most sections to be unhappy,except Of course, a few ruling party bigwigs!!!!!
I make a humble request to journalists to make a survey of difference in,Bank employee's gross income and net take home Pay. Mostly their monthly salary is around 20,000 and net take home pay is 6,000, due to many kind of deductions. Major deduction is surprisengly the staff credit society loan !! This is becoz Bank employees are non currept. But the tax is applicable to gross salary only, which is around 2,500 per month. This is a miserable situation, and evolves many questions to think ahead.
RE:What is Salaried People's real, inner position ?
by Jayant on Feb 28, 2007 11:00 PM
Mr. Shah, I am sorry to say that I find it difficult to agree with you. Staff credit society loan is not compulsory for bank employees. In fact, no loan is compulsory. Employees want to enjoy different pleasures and they apply for loan for their own satisfaction. Hence, if net take home is less, Govt. is not responsible for that. On the contrary, Govt. gives concessions in Income Tax regarding Housing loan instalments, PF etc. Further, medical expenses are also reimbursed for general and special reasons such as hospitalisation. Hence I fail to agree with you. The point of corruption is also misleading. Unearthing of various scams in banking industries are distinct examples of corruption. The most important point is that it is not morally correct to link less net take home amout to corruption. Banking industry is a basic necessity of our economy. But forgetting this fact, bank employees have gone on strike for irrelevant issues and disturbed economic life/transactions. e.g. the issue of disinvestment. This issue is the problem of Govt. and bank employees should not direct the Govt. which is elected by the majority of population. Thus, in my opinion, your arguement is untenable. - Jayant.
RE:RE:What is Salaried People's real, inner position ?
by priya ranjan on Feb 28, 2007 11:45 PM
Well said jayant babu...--)) I think u should join to congress..do buttering Italian madam...I am sure madam will give u FM post..
RE:RE:RE:What is Salaried People's real, inner position ?
by ag on Mar 01, 2007 12:35 AM
priya, can you spell 'BUDGET' ? keep trying , maybe u'll get it one day!
RE:RE:What is Salaried People's real, inner position ?
by Raam on Feb 28, 2007 11:10 PM
All bank employees may not be corrupt but at the same time it is not correct to say that there are no corrupt employee in Bank. Take the number of senior executives suspended till now in nationalised Syndicate Bank. All of them suspended on corruption charges & face trial. Bank employees certainly enjoy more facilities than others who work in private companies. The pension they receive after retirement is most of th time more than what they were earning as take home salary during service!. Bank employees have absolutely no right to grumble as they are the most organised employees who have the power of holding country's economy at ransom by calling strike on drop of a hat.
However I must say that Chidambaram has disappointed salaried class in his budget.
To stop corruption all you need is the will to do it. 'Hard cash' is the most important reason for corruption. So decrease cash in the system (not liquidity, just cash). Alternatively 1. Make all transcations to be done only thru credit/debit cards. 2. All businesses (shops, autos, etc) should accept cards for amounts more than Rs 50/- or so and should charge a very nominal charge for transcations( like 0.50 paise per transcation or so - the can still make money thru volumes). 3. Withdraw all currency notes from the market to discourage people from carrying cash as much as possible (maybe keep only the Rs 10/- andRs 20 currency notes) and keep only coins in circulation. 4. A person can have more than one bank account but all bank accounts are linked to the PAN (only one PAN per person). 5. Reduce all taxes (now only a small percentage of the people pay taxes and since there is a parallel black money economy in the country if this comes out there is more money for the govt) and increase compliance thru the above methods. 6. Make punishments for economic offenses, corruption, laundering, etc very very high. Punishments should act as deterents. Make punishment fines 10 or more times the amount of fraud done the expenses incurred by the govt in bringing the wrong-doer to book. Go even to the extent of confesticating the property and even cancelling educational qualifications, passports, driving license, etc to make life miserable for the wrong-doers (i am taking it a bit too much - but u get the point).
Concentrate on agri. We should be a food-surplus country.
Basic needs like food, clothes, home (first house), education, health needs to be very affordable.
So exempt tax for medical equipments, etc.
Reality should be bought only for usage. No one should buy land for investment purpose and keep it idle. Non-usage of land within a time limit after buying should invite substantial taxes. Thisshould probabaly make only genuine buyers buy reality/houses and discourage people who buy for investment purpose and thereby make realytity sore to unreal limits.
RE:Prevent corruption, lower tax for all and make essential items affordable.
by on Feb 28, 2007 10:44 PM
Very Good suggestion. Hope people at the top in UPA read this and act on it.
If you are a candidate for Loksabha I shall certainly vote for you
RE:Prevent corruption, lower tax for all and make essential items affordable.
by Hebbar R on Feb 28, 2007 11:31 PM
If punishments for economic offenses are severe and if they are properly implimented, guess who will be hurt most? You know the answer! That is why such things do not happen in India.
RE:Prevent corruption, lower tax for all and make essential items affordable.
by anirudhan narayanan on Feb 28, 2007 11:46 PM
It is really thought provoking suggestions though regarding the punishments given to the corrupt persons, it should be impartial irrespective of the status/position/influence of the concerned person
