This budget is not for common people. With northward trend in growth the FM has lot to do for society. The FM fail to deliver to common service class issue in corrective way. Let do something ...and do use our power of vote in comming election.
We the salaried class expected a lot this time from finance minister. We expected some new reforms, some new relaxations and something which can prove him as a distinguished and talented Finance Minister.
RE:Its not a Budget for the Middle Class people
by Rishi Poddar on Feb 28, 2007 02:01 PM
Go on expecting for the rest of your life. Nothing will change. Budgets are non-events and we are part of the exploited middle-class who has to pay taxes for enjoyment of rich and subsidy for poor. This is a fact and will remain so.
My friends, This Budget is not for Middle class or service class. Bcoz our PM and FM advised with all big Ambani's, TATA's, Bharti's, Hinduja's, Birla's before makeing any budget. They don't hv any open openion of common man before making new budget. The rich become rich and poor hv nothing to do... only the middle class hv to pay them back. Its either BJP or Congress they are all same. THEY MUST HV ATLEAST INCREASE THE LIMIT OF INCOME TAX bcoz only middle service class effect by this only. Wht's the use to deduct the duty on diamonds.. how many middle class buy diamonds...before coming to hand salary get finished. When these buggers wl understand this....
Keeping in mind the inflation rate and earnings which our country has witnessed in last two years, increasing tax exemption another Rs 10,000 is like giving peanuts.
Atleast FM should have increased limit of 80C by Rs 50,000
Hopeless budget for salaried class and again 2% of Salaried class has to take maximum burden and people who earn money in thier business set up will have easy escape.
Remove the congress party from power. Fix responsibility on Sonia, Manmohan, Chidambaram for making India%u2019s%u2019 debt liability at 25 laksh crore and keep them under trial.. Elect new Govt. who can increase standard deduction limit to Rs.25000/-pm for salary class ( exemption of income upto Rs.3,00,000/- from income tax), abolish service tax, central excise,addl. Tax, cess, edu. .cess .octroi, etc etc .Keep sales tax at uniform rate 4% for all products. Reduce the salary of ministers, M.Ps, M.L.A..- the gross income should not exceed Rs.50,000/- pm. Allowances / expenses / bills etc must be based on actual and should not exceed Rs.1000/- per day in total. .
RE:INDIAN GOVT. & ITS' BUDGETi
by on Feb 28, 2007 01:57 PM
Where do you think the govt will earn its revenue from if they go around giving tax exemption upto RS 300000, and abolish servise tax and excise duty?
RE:RE:INDIAN GOVT. & ITS' BUDGETi
by KRISHNA PRASAD on Feb 28, 2007 02:07 PM
by unearthing black money from politicians which is estimated to be arount Rs.10000000000000000000000 crores