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How Budget may affect income tax, industry sectors


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ramachandiran nil ramiah
Tax system in india
by ramachandiran nil ramiah on Feb 27, 2011 08:11 PM

The method adopted for income rax is faulty. Why exemptions .Why every earner will not be taxed? To day the non tax payers expect every thing free and govt is happy to annonce such free supplies to keep the nontax payers poor and to find ways by the tax payers to evade taxes. Salaried class only pay taxes correctly. Bussiness class evade taxes and poor do not pay tax. The root of corruption strt from here. . Further govt shoud publish statements showing the expenditure of the tax money to confirm that tax amount collected is properly utilised.

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Vascoda gama
Those who pay taxes are idiots?
by Vascoda gama on Feb 27, 2011 10:48 AM

In India, I urge all indians not to pay taxes to the Corrupted government. I can bet that Paying tax is a crime or sin. Because, you pay the tax and the political leaders bureaucrats will save that money in swiss bank.

if you earn a rupee, you have to produce documents to stupid govt, then why not the govt show their expenditure to people of this country? In europe, if you pay tax, you get in return Education and medication in return. So you need not to save any thing. but here in india, you have to pay taxes and in return you get nothing. Not good roads, no job security, life security. Every time you are shut your mouth in the name of patriotism.

Actually, Indian government does not want indians to become rich in a Proper way. Govt want indians to be poor always. thats why the price of daily commodities growing up. Govt is least bothered.

Now a days ICICI bank is now giving licence to live(jeene ke liye licence), padhne ke licence.

so This is our Indian progress. Our democracy.

So, there is one way to become rich. Only one way. You should be a criminal, political leader or bureaucrat to become rich. A teacher, who is ethical, moral, who teaches his students in a properway at the end of his life, he could not afford a house becos his salary may be hardly 10000/- inr.

So. You people, Save taxes. Dont pay taxes to Government. government is a big blackhole. it only knows how to swallow. does never work for your.

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raman govindan
budget
by raman govindan on Feb 26, 2011 04:44 PM  | Hide replies

the food subsidies and the NREG schemes are whilte elephants. the wasteful expenditure and corruption will reduce and the nation will be more fit and atheletic.

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ravi iyer
Re: budget
by ravi iyer on Feb 26, 2011 11:01 PM
You're wrong. What we need to do is not to CUT THE SUBSIDY. WHAT WE NEED TO DO IS TO RECOVER MONEY FROM GREEDY POLITICIANS AND REDUCE THE BURDEN OF POOR PEOPLE. REMOVE BLACK MONEY WITH FULLEST PRESSURE & FORCE AND INDIA WILL PROSPER WILL LIKE A STAR

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raman govindan
Re: Re: budget
by raman govindan on Feb 27, 2011 04:41 PM
most of the NREG schemes are managed by politicians like MPs. MLAs, and panchayath board members etc. with the help of contractors. that is one of the sources of income for them. better eliminate it.

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Mahesh Bhosale
Re: budget
by Mahesh Bhosale on Feb 26, 2011 11:12 PM
good quote Raman,
bcos many of the farmers are working for a day in a week and rest of the days gamble and boose as our Govt is providing free food and assured labour,


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Mahesh Bhosale
Re: budget
by Mahesh Bhosale on Feb 26, 2011 11:12 PM
good quote Raman,
bcos many of the farmers are working for a day in a week and rest of the days gamble and boose as our Govt is providing free food and assured labour,


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Janpat
Re: Re: budget
by Janpat on Feb 27, 2011 11:06 AM
villa for sale in India pay half amt illegially show actual price to govt for tax purpose illegal money will be exported to foreign banks govt. staff including peon will be benefited by bribes so that useful land will be grabed from poor and given to sharks constuction workers will be paid bear minimum swiss will be developed money exported govt will hibernate or else will give some of his money earned illegally to these money exporters

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raman govindan
Re: Re: Re: budget
by raman govindan on Feb 27, 2011 04:35 PM
most of the state governments do not levy registration charges on the cost of land as per the market price but has it's own own valuation which is ver y much below.

the reason is to tax less, the buyers from lower and poorer classes of people. it is done with the best intentions.

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raman govindan
budget
by raman govindan on Feb 26, 2011 04:44 PM

the food subsidies and the NREG schemes are whilte elephants. the wasteful expenditure and corruption will reduce and the nation will be more fit and atheletic.

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guptaapsn
introduce simple taxation system
by guptaapsn on Feb 26, 2011 04:20 PM

Control the state government taxation system first.
State govt. are acting like individual countries by way of implementing taxes.
Introduce one and only simple taxation system and give equal share to all states. If necessary give bonus depends upon revenue from the states.
I know well that, it is too hard to accept by state govts. But it is not so hard while compare to bring back our money from Swiss Bank.
People lost faith with our government. It is not a good sign for our nation.
Politicians please remember our Mahatma at least daily in the morning and start working.

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Harjeet Singh
one thing sure
by Harjeet Singh on Feb 26, 2011 03:58 PM

Budget always affect a common man ........there is no problem for political leaders because they already increase their salary and funds three times more than their original salary...........

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ananthan
advice to PM,FM
by ananthan on Feb 24, 2011 07:19 AM

Budjet is easy.Create 100000 crores of irrigation channelsin 2 months with IT based creation,This will triple allour food & decrease food inflation.reduce fertilizer by recomposted plant growing.2.allow wasteful subsidies to die.2 all contracts to reduce by 10%3. Cut all minister travels abroad.4.get swiss money & abolish IT for 1 year.The government has no vision but looting as vague shemes that is a loss.5 Put all contracts on websites & ask people to monitor it.6. arrest kalmadi show Cong leaders are also in jail.7other ministers will loot less

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manoj elango
budget
by manoj elango on Feb 23, 2011 10:29 PM

pranab as a fm is the fate of our country. For inflation he already declared that he did not have the magic wand or alladin lamp. what else he can do? he is already so confused at his older age.He will rise the price of petrol and diesel and gas. He will also increase the income tax slab rate from 1.60 lakhs to 1.65 lakhs.After that he will simply blink. Better he can handover secretly to the undeclared fm mr. chidambaram so that he can only read in the rajya sabha.

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Guest
Minister are for Government not for country
by Guest on Feb 22, 2011 01:26 PM

Recently, Our PM gives excuse of every question.Not sure either he is prime minister for whole country or a prime minister only for running government. In every question he replied "GATHBANDHAN KI MAJBURI"

If he is so MUJBUR he should have resigned from the post by saying enough is enough. History remember the man who did more in little time. Only making of high level post for log will not be fruitful.

Mr.Singh , please make some runs for country not only for your century. You may be remember as longest ever prime minister in India but certainly not for a good prime minister in India.

Now you need to choose whatever you want be in history.



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