Earlier I was a tax payer. But for the last 3 years, my income is less than the exemption limit. So, now I do not use Form 16 or any income tax related form. I hope it will not create problem for me. Or, will it?
if i loose job today,no security for my life. although i paid income tax for 10 years,almost70,000 per year. govt should pay back some minimum amount to lead the life, like in germany, if you loose a job govt will pay you money from social security fund untill you get a new job.
Re: everthing ok
by Mohan Doss on Jun 20, 2011 06:01 PM
Well said, but Mr.Raghu, Income Tax Dept., only knows how to Income the money and don\'t know to outgo.
Re: everthing ok
by Lotus Solution on Jun 20, 2011 05:53 PM
If indian govt start this, than indians will stop sreaching job after losing one. Relax and continue to live on govt money. This is indian mentality.
