1-Direct Tax Code:Maturity proceeds for PPF and LIC not to be taxed as proposed.As India is not having any social security system in place and hence the common man's entire savings are mostly in these two instruments so by taxing these two will not be in the interest of common middle class men.
2-No tax till Rs 300000/-.Tax for Rs 300000 t0 Rs 1500000/ to be made 10%.Tax for earnings above Rs 1500000/- to be made 15 %.
3-Strict compliance can bring in more revenue for Government.
1-Direct Tax Code:Maturity proceeds for PPF and LIC not to be taxed as proposed.As India is not having any social security system in place and hence the common man's entire savings are mostly in these two instruments so by taxing these two will not be in the interest of common middle class men.
2-No tax till Rs 300000/-.Tax for Rs 300000 t0 Rs 1500000/ to be made 10%.Tax for earnings above Rs 1500000/- to be made 15 %.
3-Strict compliance can bring in more revenue for Government.
This is absolute useless topic. Do you think FM will ever review these comments posted by common man like us. He will do what there is in his empty brian.
This is absolute useless topic. Do you think FM will ever review these comments posted by common man like us. He will do what there is in his empty brian.
1) No tax for income upto 350000 2) 10% tax for income of more than 350001 to 500000 3) 20% for income 500001 to 900000 4) 25% for income 900001 and above 5) 80C limit to be raised to 145000 6) PPF limit should be made to 100000 from that of 70000
1) No tax for income upto 350000 2) 10% tax for income of more than 350001 to 500000 3) 20% for income 500001 to 900000 4) 25% for income 900001 and above 5) 80C limit to be raised to 145000 6) PPF limit should be made to 100000 from that of 70000
for physically handicapped , who cannot use public transport system, the travel cost should be exempted on actuals or Govt. should make their travel cost free. A coolie charges 300 Rupess to get you out of platform on wheel-chair or vice versa if you are travelling by Rajdhani. Rupees 150 is travelling by sleeper class. Autorikshaw driver hold handicapped to ransom as they know thes people have no option to walk away or use public transport especially in villages and Thane dist. A car and driver hired for a month costs 25000 rupees. No Ramps are provided by Govt. in Railway stations to cross platforms,in govt. buildings,offices thus the scope of employment is very narrow for us but Govt. canningly snatch away the hard earned income earned by Handicapped people. Hope rediff will take up our cause.
