I feel that government is not doing a good job for generating revenues from Income Tax. Govt. is impossing more taxes on Salaried person who are paying their taxes honestly. Salaried person has no option to skip from this but businessmen who can do all kind of stuff like "do number ka kaam", showing loss in the business in many ways (which may be wrong in many cases). In such cases, Govt. is not doing their job honestly to find out the correctness of the returns filed by Businessmen. This is very ridiculous.
The tax slab should be relaxing for COMMON man of India (specifically for SALARIED person) because he has nothing to get after he is retired. There is not help from the government to such people who has paid their Tax honestly for such a long time say 25-30 years). After getting retired the salaried people do not have sufficient capital/savings or support to live their life in similar way they were living during their working period.
Government should be SHAMEFUL of applying tax on the amount a person is getting on his/her PPF SAVINGS.
Govt. Should start taxing the Agriculuture Income of Doctors, Engineers, Lawyers,Politicians,Actors,sportpersons etc for whom Agriculture is part time profession (rather it is just a means for turning Black money to white or evading tax)
Govt. Should start taxing the Agriculuture Income of Doctors, Engineers, Lawyers,Politicians,Actors,sportpersons etc for whom Agriculture is part time profession (rather it is just a means for turning Black money to white or evading tax)
Re: Housing Loa n Advantage
by ritesh chandran on Feb 12, 2010 03:20 PM Permalink
Same old story on rediff ..one more year....and all other rediff and all sites..Budget approaching and Middle Class is asked for query so FM can be approached...waste of time, I can mention this stuff including my blog as a industrial waste...as any request to FM to rescue Middle Class will not get to ears of FM.All the goverments so far takes the sweat away..but the current goverments reforms squeezes blood too along with sweat..what more propose...again see you all next year for more industrial waste blogs falling on deaf ears
Re: Housing Loa n Advantage
by ritesh chandran on Feb 12, 2010 03:20 PM Permalink
Same old story on rediff ..one more year....and all other rediff and all sites..Budget approaching and Middle Class is asked for query so FM can be approached...waste of time, I can mention this stuff including my blog as a industrial waste...as any request to FM to rescue Middle Class will not get to ears of FM.All the goverments so far takes the sweat away..but the current goverments reforms squeezes blood too along with sweat..what more propose...again see you all next year for more industrial waste blogs falling on deaf ears
it should be change to at least 3 lac so that salaried person can relieve because he cant hide his income. there is so big inflation suger gone to 40 like other things also so it should minimum go to 3 lac and other professionals also bring uder service tax like doctor advocate etc
it should be change to at least 3 lac so that salaried person can relieve because he cant hide his income. there is so big inflation suger gone to 40 like other things also so it should minimum go to 3 lac and other professionals also bring uder service tax like doctor advocate etc