of the saving of India's poor and middle class masses.
Dipping into them to suit western profiteers has long been one of the avowed targets of the UPA as well as the NDA governments. It was the leftist coalition partners of UPA I who prevented such 'reforms' from happening years ago !
Now, with the impediment of the left removed and with every coalition partner proving itself mere pushovers, the Congress hopes to fully leave the nation's coffers and the commoners' savings open to western loot !
And the BJP led NDA will most certainly remain mute witnesses and even use their attention diverting tactics (such as 'hindu-muslim' 'issues', etc.) to help the Congress succeed in facilitating the western bandits !!
-The government also proposes to levy 50% tax on inflation. The tax will increase along with rise in inflation.
- Every Indian has to wear oxygen meter after this bodget. The government proposes to levy upto 50% oxygen tax on breathing oxygen from air. People from polluted areas may apply for exemption from this tax. People from Hill stations will have to pay maximum oxygen Tax.
- Walking tax is proposed for all Indian citizens who begin to walk. Allpeople above the age of 2 years will have to pay this tax. All the people above 2 years, who walk on their own feet, have to wear walking meter, and submit the details of this meter along with annual IT return.
- Interim taxation shall be levied on anything which the people use or do daily, without prior proposal in budget.
- 50% tax is to be levied on individuals who are not eligible to pay any type of tax.
LAST BUT NOT THE LEAST:
- 25% additional tax is proposed on any type of tax paid to the govrnment, and 50% surcharge is proposed on the total amount of any type of tax paid, including the above 25% additional tax.
Forget about the $1.4 trillion black money in Swiss banks. 85% people in India do not have any bank a/c. Hence 85% economy runs on black money within India.
Reforms - pity that the media has such words reserved for thearitical jugglery of poor man's finances done each year, called the annual budget. What "reforms"?? The max they'll do is raise the IT slab by a few thousand rupees. At present, the slabs are such that the government wants tax from anyone who's earning more than INR 12500/- per month. Does the finmin know what it takes to run a household with that kind of budget? Does ANYONE in finmin know what is the average salary that an Indian earns? Does ANYONE in the finmin worry about the billions stashed by industrialists, netas and babus, and stop worrying about the common man's share in the tax pie?
Re: what reforms?
by vijay on Feb 02, 2011 07:52 PM
reform or re-form to suit few people. our most useless and faltu prime minister who is treating himself as person of integrity should firstly go away from the post and actual reform [ which is a continious process] should start. bringin capitalisam is not a reform but it is re-form
