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Income TAx
by george on Feb 05, 2010 12:18 AM  Permalink 

it is benefical that dedcution increased from 100000/- to 300000/ - it benefical to Salary Earned caterory

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Income Tax
by Rajarama Bannengala on Feb 05, 2010 12:02 AM  Permalink 

Salaried class have been the easiest to target for tax collections.
Let's make their life easier and less taxing. I mean, there should not be EET for all tax saving investments.
Do something to collect minimum tax from every shop keeper, retailer, business men, doctos. Have zero tolerance for tax evasion. If any of these declare a loss that is definetly a lie as no one on the earth does business for loss. There should be a strict evaluation of such declarations.


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44ab
by sudhakar padmanabha on Feb 04, 2010 11:38 PM  Permalink 

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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44ab
by sudhakar padmanabha on Feb 04, 2010 11:38 PM  Permalink 

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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44ab
by sudhakar padmanabha on Feb 04, 2010 11:38 PM  Permalink 

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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44ab
by sudhakar padmanabha on Feb 04, 2010 11:37 PM  Permalink 

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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44ab
by sudhakar padmanabha on Feb 04, 2010 11:36 PM  Permalink 

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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44ab
by sudhakar kalmanje on Feb 04, 2010 11:36 PM  Permalink 

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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44ab
by sudhakar padmanabha on Feb 04, 2010 11:35 PM  Permalink 

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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Please hike Excise duty
by Krishnadas kiran on Feb 04, 2010 10:35 PM  Permalink 

Honr.Fin Minister, Please increase the excise duty on all cars above 1000cc displacement by 8%. Also, please clamp excise duty on cars based on the per km/CO2 Kgs emission, so that auto companies are forced to bring the best cars for india. They have been prompting more consumption of Oil (US/Europe and even the Japanese car companies. The Japs do it cause they lend money to US, and US companies supply oil). Let the tax produce go into road development fund. Companies have again charged same price for all the excise duty slashed by Govt. (siphoning the amount of duty collected by Govt, to their kitty).

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