why there are so sections,subsections,rule sub-rule under any law.the law must be clear and not vague.all these sections and subsections are root cause of corruptions.what should be -the tax should be levied on gross sales and gross salary without giving any deductions and exemptions as in many countries,all deductions & exemptions are only for vote poltics and corruptions.
Re: regarding income tax
by Rambabu Aggarwal on Feb 16, 2009 02:58 PM
i support pradeep ideas.so many people remian busy in calcluating taxes.infact their poductiy is nill so the tax should be levied on gross salary without giving any deductions
Re: Re: regarding income tax
by SHYAMA PRASAD on Feb 16, 2009 04:53 PM
Deductions are given looking at various National priorities. That is Macro Economics. You people do nt understand all these.I think you are petty traders.Ha Ha Haa!!!!!
Re: No relief for salaried people
by Harish Mathur on Feb 16, 2009 02:41 PM
Dear I think you are business men and you try for government job but failed it's ur frustration .Wish you good luck
majority of budge is for "upliftment of poor and backward ppl" but Money alloted to poor never reaches them. Rajiv gandhi had admitted that only Rs 15 out of 100 reaches the actual purpose. Rest all money, u know.
Re: Money alloted to poor never reached them
by G p on Feb 16, 2009 02:10 PM
So, this is budget OF THE politician & bureaucrats, FOR THE politician & bureaucrats.
What ever they talk in the budget speech is nothing but of the Congress Party and not of India. The growth rate, per capita income etc has increased during the past 5 years because they were at the controllig pint when the economy was at peak
