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Please abolish MAT on Gross Assets
by Krishnaraj on Feb 03, 2010 11:27 AM  Permalink 

Dear Finance Minister:

MAT of 2% on gross assets (proposed in DTC) is capital destructive. At one stroke it will kill NBFCs who operate at a Net Interest Margin of 2%. It will mean that I will have to pay taxes even if I incur a loss. Even Goondas and Hafta wallas show more mercy.

Warm regards



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income tax
by Pratima Kejriwal on Feb 03, 2010 11:26 AM  Permalink 

please increase the overall tax exemption to 3 lacs (at least for salaried persons) and 10% I Tax on next 2 lacs because it is getting very difficult to adjust where inflation on food items is very high and cost of education is also going up and up. there should be some control from the Govt. on all these.

please provide some special rebate for girl child education.

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TDS Exemption Limit on Interest in Bank and NBFC Deposists
by Deepa on Feb 03, 2010 11:26 AM  Permalink 

Dear Mr Finance Minsiter,

The TDS Exemption Limit on Interest in Bank and NBFC Deposists should be raised from the current Rs 10000/- to aleast 20000/- for General Public and Rs 30000/- for Senior Citizens.

Please Please forward it to the Finance Minister

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Please abolish MAT on Gross Assets
by Krishnaraj on Feb 03, 2010 11:26 AM  Permalink 

Dear Finance Minister:

MAT of 2% on gross assets (proposed in DTC) is capital destructive. At one stroke it will kill NBFCs who operate at a Net Interest Margin of 2%. It will mean that I will have to pay taxes even if I incur a loss. Even Goondas and Hafta wallas show more mercy.

Warm regards



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Please abolish MAT on Gross Assets
by Krishnaraj on Feb 03, 2010 11:26 AM  Permalink 

Dear Finance Minister:

MAT of 2% on gross assets (proposed in DTC) is capital destructive. At one stroke it will kill NBFCs who operate at a Net Interest Margin of 2%. It will mean that I will have to pay taxes even if I incur a loss. Even Goondas and Hafta wallas show more mercy.

Warm regards



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income tax
by Pratima Kejriwal on Feb 03, 2010 11:26 AM  Permalink 

please increase the overall tax exemption to 3 lacs (at least for salaried persons) and 10% I Tax on next 2 lacs because it is getting very difficult to adjust where inflation on food items is very high and cost of education is also going up and up. there should be some control from the Govt. on all these.

please provide some special rebate for girl child education.

    Forward  |  Report abuse
income tax
by Pratima Kejriwal on Feb 03, 2010 11:25 AM  Permalink 

please increase the overall tax exemption to 3 lacs (at least for salaried persons) and 10% I Tax on next 2 lacs because it is getting very difficult to adjust where inflation on food items is very high and cost of education is also going up and up. there should be some control from the Govt. on all these.

please provide some special rebate for girl child education.

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Tax
by antipakanticongress on Feb 03, 2010 11:25 AM  Permalink 

Tax income under the table of Govt. Babus who always cry to pay taxes

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Tax
by antipakanticongress on Feb 03, 2010 11:25 AM  Permalink 

Tax income under the table of Govt. Babus who always cry to pay taxes

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