Re: budget
by Raghavendra Rao on Feb 28, 2011 03:47 PM
FM might have mixed up some old budget papers also, who knows. He is another S.M.krishna but no one has the knowledge to correct it unlike Krishna's speech.
"For senior citizens above 80 years, the tax exemption limit has been raised to Rs 500,000". This is aimed at our netas only - most of them are above 80 and 'earning' huge amounts.
Re: Budget Good For Netas only
by shalini mittal on Feb 28, 2011 03:24 PM
how many of common man survive till 80 with 5 lac in their pocket. When they stop earning at 60, with this inflation will they have 5 lac left till they reach 80 yrs.
Re: Budget Good For Netas only
by Sanskar Tanmor on Feb 28, 2011 03:19 PM
These politicians are the only people who are confident that they can live for more than 80 years. That much they are maintaining themselves. Luxurious life... He has made arrangement for future of all old politicians
Re: Re: Budget Good For Netas only
by ajay verma on Feb 28, 2011 03:39 PM
yes you are correct man, every where compare high income people, why not compare low income people, minimum salary arounded 6100/- pm how are survey 6100/- pm, Sheela dixit rise the minimam wages Rs. 34 per days and rise the wages MLA 3 time . every body know that make ful the public
The Finance Minister should be transparent. We know for sure that Congress will not do anything without taking bribes. Therefore in the budget the exemptions given to ecrtian industries would have been done after money would have changed hands. FM should disclose the names of corporates and individuals who are sponsoring the budget like it is done in any other show. The corporates name can be given at the end of each and every changes / exemptions the FM announces in his budget speech.
Re: Transparency
by B on Feb 28, 2011 02:56 PM
they shd even auction such changes across different industries...they can fill all fiscal deficits...but today they only accumulate money...its required for them...let them keep it with all our blessings..
Re: Transparency
by Sanskar Tanmor on Feb 28, 2011 03:13 PM
It is our mistake that we elect such corrupt, self centric, narrow minded people. They know, indians can not come together to change the game, so they rule over us. No matter which party wins..
Re: Re: Re: Transparency
by Sanskar Tanmor on Feb 28, 2011 03:31 PM
This will happen only when true people like Anna Hajare, Anil Awachat, Sindhutai Sapkal etc will stand for elections and all of us will vote them.
Please correct this statement...(Exemption limit for women remains the same at Rs 2,40,000.) This confusing statement is spoiling image of rediff users and overall Indians... I can't say politicians, because they have no image. HA HA
Re: Exemption limit for women remains the same at Rs 2,40,000.
by shalini mittal on Feb 28, 2011 03:28 PM
They can not control inflation and they can not release untaxed money in publics hand. Our own earned money we do not have at our discretion without paying them JUST BECAUSE WE ARE PAID BY THEM. Where as business man and private holders enjoy all they money comfortably.
FM should have taxed those earning above Rs 30 lacs p.a by 50% and left those earning upto Rs 5 lacs tax free. This will generate higher consumer spending which will trigger givt expenditure for growth. Black money holders' assets should be taxed at 75% which will be a deterrant for future evaders . He should have taken apledge to unearth undisclosed income
Re: Budget 2011-12
by Ipsita S on Feb 28, 2011 03:01 PM
and how is that justified? Even at the same tax rate, those who earn more pay more tax amount. Why should the rate also be higher?
Re: Budget 2011-12
by B on Feb 28, 2011 02:51 PM
my major issue is we pay upto 30% tax when we get salary and again we have to pay taxes when we buy things, go and eat in hotel and all...so what all this means...we end up paying taxes of @50% plus of our salary.....is it fair..
Re: Re: Budget 2011-12
by Sanskar Tanmor on Feb 28, 2011 02:57 PM
Directly or indirectly we are paying more than 50% tax to the government. That why Rs. 20 lakh crore money is in swiss bank.
Re: Re: Budget 2011-12
by shalini mittal on Feb 28, 2011 03:32 PM
Then let him hand over the reigns to some one who can do it. They DO NOT have the desire to get black money back, because it will be rip open the vallets these netas have safely stacked.
Re: Re: Re: Budget 2011-12
by shalini mittal on Feb 28, 2011 03:35 PM
But for sure THOSE WHO EARN LESS THAN 5 LAC needs to be exempted. with 1.8 lac u have less than 20,000 per month to bring up a family of 6 persons (2kids, 2 parents and couple). this evasion will be the ROOT of black money
If Lower rate of Central Excise Duty enhanced from 4 per cent to 5 per cent then all the goods which was minimum Excise duty will be paid 1% extra. That means we have to spent 1% extra money from our pocket. dear FM from where it's come ? And also told who earn 15000/- will not under Tax payer . But what about those who earn 100 to 120 per day ? How much the price of Rice & Oil ? U think , U R so cleaver, but remember we also know Economics ? U again Prove Cong. Party is the party of Rich-man ?
