If they are retaining the exemption for PF etc there is nothing wrong in higher taxes for income above 10 lakh which is a very income group considering the puchasing power of it.
Re: nothing wrong
by classical guy on May 14, 2010 03:42 PM
Btw, why are you really worried about other's getting taxed? May I know what you are doing? Do you know that not everybody gets that 10 L or more just like that? Ppl spend their midnight oil at work place or sometiems in home doing that work. Just have some sense. Just coz someother person is earning more, don't comment. If that is the case, please stop the policitians from looting our money.
Re: cmon,,,
by Hoodibaba on May 14, 2010 03:39 PM
Socialism in extreme is not recommended. just like how extreme capitalism is dangerous, extreme socialism is also dangerous. Extent of Causal Effects due to this can not be underestimated
Re: Re: cmon,,,
by p kumar on May 14, 2010 03:46 PM
this government will impose higher tax for hard working decent earning people, that is, in the 10-25 lakh per annum and give hundred per cent exemption to people earning over 25 lakh. this is rich people friendly government
