Request FM to maintain the same benefit given in the financial year 2008-2009. There is a lot of confusion reg. FBT. So request not to introduce again FBT.
India's main problem is population. All the problems and dispute we are facing today is less supply and more demand. Just imigine if we had the population of 1950 and present resources, how comfortable every one of us for buying house, house hold equipments, parking places, employments etc. FM should launch a new scheme for higher tax if the family dependents are large and small tax for less dependent. Tax for businessman & government employees must be much higher than pvt. employees as businessman generates money and Govt. employee generally has his % while working where as pvt. employees are exploited. Milk, Mutton, Chicken & Fish must be the sold at concessional rates on ration cards. This will benifit large population in the country.
ECONOMIC DOWNTURN HAVE KILLED THOUSANDS OF JOB, PEOPLE AND LIFE. AT ALL THE PEOPLE WHO ARE NOT IN JOB FOR SOME REASON SHOULD BE TOTALLY EXEPMTED FROM TAXES . 1. How far you can wave Off and totally remove All taxes for companies & jobless people ?
2 The more the companies are tax burdened, more they pressurize employees who become the last chain in suffering. So can you heavily discount if not totally everyone ?
3. If you can tell NOT possible then I have 2 questions:
1> has govt ensured every jobless has been given some earning compensation for jobloss like their promise in website , policy (like US/UK etc ) ?
atleast this compensation is basic right of any employee who had been paying taxes year after year .
2> Its better to save some life by providing discount than to extract tax so that corrupt people can enjoy these funds , What you say FM ?
Re: Humbel Request , Mr.FM
by telugoo on Feb 04, 2010 01:43 PM Permalink
How many people support me here ? Your support is very important atleast formally .
Please separate investments under 80DD (pension schemes) from 80 C limits. Since 60 to 70 % of the population do n ot have any pension for their retired life, they need to go for the differnt pension schems that have been introduced some few years back. But these also get clubbed with investmnents under 80 C and hence one can get only Rs 1 L as deduction apart from Housing loan interest repayment. Buit for those where the loan onterest is less or the loan is closed, they are at a disadvantage esp if they are in their late forties or early 50s.
So please delink these avenues from 80C or increase the limit of 80 C to Rs 3 L.
Please separate investments under 80DD (pension schemes) from 80 C limits. Since 60 to 70 % of the population do n ot have any pension for their retired life, they need to go for the differnt pension schems that have been introduced some few years back. But these also get clubbed with investmnents under 80 C and hence one can get only Rs 1 L as deduction apart from Housing loan interest repayment. Buit for those where the loan onterest is less or the loan is closed, they are at a disadvantage esp if they are in their late forties or early 50s.
So please delink these avenues from 80C or increase the limit of 80 C to Rs 3 L.
dear sir,we have been taught to save ,if we are also incentivised to invest ,it will only be good for overall economy,please increase the medical limit from rs.15000/- and also 80c limit.
Every FM feels public as goat to be cut, as they need more and more money to commit. out 1/3 tax collection is spent on poors, whose numbers have gone up manifold, 1/3 goes to salaries, Govt. servants - a peon costs around Rs.25,000/- a clerk around Rs.40,000/- etc., this has tilted the total economics of the country, therefore inflation. FM not interested to cut salaries,perqs, pensions etc., till everyone gets at least Rs.100 per day in NREGA, rather want to put more and more burden on tax payers.Why anyone should pay tax is debateable first.
Re: FM
by telugoo on Feb 04, 2010 01:46 PM Permalink
ECONOMIC DOWNTURN HAVE KILLED THOUSANDS OF JOB, PEOPLE AND LIFE. AT ALL THE PEOPLE WHO ARE NOT IN JOB FOR SOME REASON SHOULD BE TOTALLY EXEPMTED FROM TAXES . 1. How far you can wave Off and totally remove All taxes for companies & jobless people ?
2 The more the companies are tax burdened, more they pressurize employees who become the last chain in suffering. So can you heavily discount if not totally everyone ?
3. If you can tell NOT possible then I have 2 questions:
1> has govt ensured every jobless has been given some earning compensation for jobloss like their promise in website , policy (like US/UK etc ) ?
atleast this compensation is basic right of any employee who had been paying taxes year after year .
2> Its better to save some life by providing discount than to extract tax so that corrupt people can enjoy these funds , What you say FM ?
Re: FM
by telugoo on Feb 04, 2010 01:48 PM Permalink
ECONOMIC DOWNTURN HAVE KILLED THOUSANDS OF JOB, PEOPLE AND LIFE. AT ALL THE PEOPLE WHO ARE NOT IN JOB FOR SOME REASON SHOULD BE TOTALLY EXEPMTED FROM TAXES . 1. How far you can wave Off and totally remove All taxes for companies & jobless people ?
2 The more the companies are tax burdened, more they pressurize employees who become the last chain in suffering. So can you heavily discount if not totally everyone ?
3. If you can tell NOT possible then I have 2 questions:
1> has govt ensured every jobless has been given some earning compensation for jobloss like their promise in website , policy (like US/UK etc ) ?
atleast this compensation is basic right of any employee who had been paying taxes year after year .
2> Its better to save some life by providing discount than to extract tax so that corrupt people can enjoy these funds , What you say FM ?
As home loans amounts have risen considerably, so it makes sense that its cap is raised for interest from 1.5 to 2.5L, contribution to 80C should be raised from 1 to 3 L.
