sir, In my opinion,as a salary person,the defference of Govt emplyees and private sector employees equal.If govt approves a DA for Gpvt emplyees the commodity prices will rise accordingly.this will not affect a govt employee but the suffer is private sector employee.A debate should start in this matter
I, as FM would not ask salary holders of Govt&Public Undertaking employees as well as those service class people having tax deduction at source to file personal returns. THEIR employers should collect all declarations of additional incomes etc to compute total tax and file composite returns of their all employees in tax bracket.Employers shall issue tax clearance. this will reduce paper work in IT deptt. and then they can concentrate on those, who are out of tax net.If required for defficiencies, employers need to be questioned for lapses & redressal/action etc. I shall fix standard deductions level at poverty line and shall make tax as simple percentage of total taxable income irrespective of amount of income, savings, caste/creed/culture/sex/age etc. as these are unduly populist. I shall tell IT deptt to concentrate on those in business/self employed etc etc.
I, as FM would not ask salary holders of Govt&Public Undertaking employees as well as those service class people having tax deduction at source to file personal returns. THEIR employers should collect all declarations of additional incomes etc to compute total tax and file composite returns of their all employees in tax bracket.Employers shall issue tax clearance. this will reduce paper work in IT deptt. and then they can concentrate on those, who are out of tax net.If required for defficiencies, employers need to be questioned for lapses & redressal/action etc. I shall fix standard deductions level at poverty line and shall make tax as simple percentage of total taxable income irrespective of amount of income, savings, caste/creed/culture/sex/age etc. as these are unduly populist. I shall tell IT deptt to concentrate on those in business/self employed etc etc.
income tax raids on the all illigal establishments and try them in special courts, which will be set up specialy for money landering. clip the wings of the real estate mafia, buraucrats and babus connected with it so that common man will be able to buy a house. clean the black money in india and abroad. increse the tax slab for working class. bring in more people under tax net. remove the unwaranted political subsidy
income tax raids on the all illigal establishments and try them in special courts, which will be set up specialy for money landering. clip the wings of the real estate mafia, buraucrats and babus connected with it so that common man will be able to buy a house. clean the black money in india and abroad. increse the tax slab for working class. bring in more people under tax net. remove the unwaranted political subsidy
1. Reward income tax payers by special benefits like preference in Railway / Air travel.Easy admission of their children in a school of their choice, free medical insurance for their family, preference in obtaining Passport, DL, and other important documents etc. 2. Bring in a regulation to change currency notes every 6 months in order to reduce black money. 3. Create a fund to help Income tax payers and their family in the event of loss of income due to disability, disease, death etc. 4. Preferential treatment in alloting houses under government schemes, reduction in stamp duty charges etc to IT payers. 5. Special concession in IT rates to working couple since they contribute more to the country in taxes. 6. Devise a firm strategy to bring out balck money from the market and use the same to provide education to the needy & wellness to the disabled and elderly in need. 7.Double the IT rate on people who have discarded their old parents and use the money to help the parents. 8. Land & real estate business to be controlled by the government in order to decimate cash transaction.( This is where maximum Black money is deployed). 9. Reduction in IT to people who have one child only. Increase rate for larger families.( The population of our country is the biggest problem facing us).
Re: Things I would like to do as FM
by Indiantours nTravels on Feb 24, 2010 03:16 PM Permalink
1. reward income tax payers... if you pay incometax is not a big deal for govt. 2. regulation to change currency notes... will bring extra financial burden on govt. 3. same as 1 4. houses under govt. schemes... govt. official are well fed.. who cares for public 5. concession to working couple?... they are already earning more than a single working person in family 6. bring out black money... i'd suggest to convert all money (currency notes) above rs.50 to electronic form 7. IT rate on ppl who discarded parents... not possible in India 8. Land and Real Estate to be controlled by govt... it is already controlled by mafia backed by politicians 9. Reduction in IT for ppl having one child... good suggestion
Re: Things I would like to do as FM
by Indiantours nTravels on Feb 24, 2010 03:15 PM Permalink
1. reward income tax payers... if you pay incometax is not a big deal for govt. 2. regulation to change currency notes... will bring extra financial burden on govt. 3. same as 1 4. houses under govt. schemes... govt. official are well fed.. who cares for public 5. concession to working couple?... they are already earning more than a single working person in family 6. bring out black money... i'd suggest to convert all money (currency notes) above rs.50 to electronic form 7. IT rate on ppl who discarded parents... not possible in India 8. Land and Real Estate to be controlled by govt... it is already controlled by mafia backed by politicians 9. Reduction in IT for ppl having one child... good suggestion
Re: Things I would like to do as FM
by Indiantours nTravels on Feb 24, 2010 03:15 PM Permalink
1. reward income tax payers... if you pay incometax is not a big deal for govt. 2. regulation to change currency notes... will bring extra financial burden on govt. 3. same as 1 4. houses under govt. schemes... govt. official are well fed.. who cares for public 5. concession to working couple?... they are already earning more than a single working person in family 6. bring out black money... i'd suggest to convert all money (currency notes) above rs.50 to electronic form 7. IT rate on ppl who discarded parents... not possible in India 8. Land and Real Estate to be controlled by govt... it is already controlled by mafia backed by politicians 9. Reduction in IT for ppl having one child... good suggestion
Re: Things I would like to do as FM
by Indiantours nTravels on Feb 24, 2010 03:16 PM Permalink
1. reward income tax payers... if you pay incometax is not a big deal for govt. 2. regulation to change currency notes... will bring extra financial burden on govt. 3. same as 1 4. houses under govt. schemes... govt. official are well fed.. who cares for public 5. concession to working couple?... they are already earning more than a single working person in family 6. bring out black money... i'd suggest to convert all money (currency notes) above rs.50 to electronic form 7. IT rate on ppl who discarded parents... not possible in India 8. Land and Real Estate to be controlled by govt... it is already controlled by mafia backed by politicians 9. Reduction in IT for ppl having one child... good suggestion
1. Reward income tax payers by special benefits like preference in Railway / Air travel.Easy admission of their children in a school of their choice, free medical insurance for their family, preference in obtaining Passport, DL, and other important documents etc. 2. Bring in a regulation to change currency notes every 6 months in order to reduce black money. 3. Create a fund to help Income tax payers and their family in the event of loss of income due to disability, disease, death etc. 4. Preferential treatment in alloting houses under government schemes, reduction in stamp duty charges etc to IT payers. 5. Special concession in IT rates to working couple since they contribute more to the country in taxes. 6. Devise a firm strategy to bring out balck money from the market and use the same to provide education to the needy & wellness to the disabled and elderly in need. 7.Double the IT rate on people who have discarded their old parents and use the money to help the parents. 8. Land & real estate business to be controlled by the government in order to decimate cash transaction.( This is where maximum Black money is deployed). 9. Reduction in IT to people who have one child only. Increase rate for larger families.( The population of our country is the biggest problem facing us).
1. Reward income tax payers by special benefits like preference in Railway / Air travel.Easy admission of their children in a school of their choice, free medical insurance for their family, preference in obtaining Passport, DL, and other important documents etc. 2. Bring in a regulation to change currency notes every 6 months in order to reduce black money. 3. Create a fund to help Income tax payers and their family in the event of loss of income due to disability, disease, death etc. 4. Preferential treatment in alloting houses under government schemes, reduction in stamp duty charges etc to IT payers. 5. Special concession in IT rates to working couple since they contribute more to the country in taxes. 6. Devise a firm strategy to bring out balck money from the market and use the same to provide education to the needy & wellness to the disabled and elderly in need. 7.Double the IT rate on people who have discarded their old parents and use the money to help the parents. 8. Land & real estate business to be controlled by the government in order to decimate cash transaction.( This is where maximum Black money is deployed). 9. Reduction in IT to people who have one child only. Increase rate for larger families.( The population of our country is the biggest problem facing us).
