What message does this give to people n world....defaulting is good practice.
Farmers are already....given loans at low rates....why Wiev-offs ?
If you See reality....No Farmers get Loans....Such Farmer Loans are only given to Political people who Show farm lands to hide their Black money.......
This money will never reach poor farmer......All money will be eaten by corrupt Bank Employess, Govt Employess and Politicians.
Also more than 3 packages and lots of money is been wasted on Minority ?......Why are they been treated specially.......Hipocracy of Congress just.....Congress is such a Moraless/Howard Party.
Agreed Income tax of Salaried People is reduced but this was on the card n Expected....nothing to get too cheered about it. Overall its very poor budget....Shame to Congress.
RE:Shame - Rs 60,000 Crore Loans Wieved off.
by Vishu Menon on Mar 01, 2008 04:03 PM Permalink
While this observation by Scorpio may not represent reality, it does bring out the perception of the common man regarding economic policies and execution.
RE:RE:Shame - Rs 60,000 Crore Loans Wieved off.
by Sama Sai on Mar 02, 2008 11:23 AM Permalink
next budget should carry on the present budget.then it will be alright
RE:Shame - Rs 60,000 Crore Loans Wieved off.
by pk k on Mar 01, 2008 04:15 PM Permalink
Mr Scorpio, why dont we use tools like PIL,RTI Act etd to try to put an end to what u think will be the problem instead of crying . Lets start now. Thx. Please vote for me. --P Chidambaram
RE:Shame - Rs 60,000 Crore Loans Wieved off.
by scorpio on Mar 01, 2008 04:21 PM Permalink
Hipcrats like you.....are damping India......When will these PLR,RTI respond after 15 yrs?..........bloody fool optimist......be realistic.
No one if affriad/or lacks guts.....if the sytems is proper.......Indian have not options let aart from crying :)
RE:Shame - Rs 60,000 Crore Loans Wieved off.
by pk k on Mar 01, 2008 04:31 PM Permalink
Try Try but don't cry . Thx. Vote for me & UPA. --P Chidambaram
RE:RE:RE:RE:RE:Shame - Rs 60,000 Crore Loans Wieved off.
by Rohitprasad Tiwari on Mar 01, 2008 04:51 PM Permalink
RE:Shame-Rs.60,000Crore loans wieved off. The loans against the farmers are not only the cause for suicide. There are many reasons, such as wine addiction, gambling, and quarrel due to these bad habits with the family members are some of the reasons for suicides. But the rulling and opposition political parties for their own political gains, depicted the picture as farmers suicide. The print and cable media also did not focused the real cause of the suicide due to the public and political pressure upon them. The weiver of the loan is not the proper way to settle the farmers. By this practice, the farmers in future after taking the loan will not pay it.
RE:Shame - Rs 60,000 Crore Loans Wieved off.
by on Mar 01, 2008 08:31 PM Permalink
If one goes to jail commiting petty crime,hard criminals inside the jail tell them what mistake u made thus ended landing in jail,do not do it next time,similarly chidambaram is teaching keep taking loan congress will keep writig off,just keep voting us rest we hv experience of corruotion of over 50 yrs. jeetu.
can some one tell me what happens to the standard deduction of 30 k we salaried people were getting? if not then it means, we got nothing actually. take out 30 and add 40... and with this inflation, when we can barely manage our expenses, we have to starve to make compulsory saving to save income tax. The limit should have been more for the salaried middle class which spends more than it earns..
RE:what about standard deduction?
by Sama Sai on Mar 02, 2008 11:14 AM Permalink
I agree with this.Standard deduction should also be increased considerably...S.N.H.SAI
1) 60K crores is serious money....who will pay fot that...we of course...how ..more taxation and at expense of developemnt 2) to whom is it extended to - so called farmers , only a miniscule fraction of people really needing it... those people who have diligently paid interest on loans are made to look like fools here 3) 60k Crores can give you at least 12 huge companies...enough to rehabilate bankrupt farmers...and much more... instead we have a silent approval for more defaults ...shame shame
RE:read the fine prints
by pk k on Mar 01, 2008 04:17 PM Permalink
Mr Anna u seem to miss the fine print. I on behalf of all my UPA Govt want every body to turn to farming. Lets think green & act green now. Thx. Please vote for me ---P Chidambaram.
RE:read the fine prints
by Goldie on Mar 01, 2008 05:10 PM Permalink
PKK you seems to be big fan of UPA and congress in general and PC in particular. Keep writing but sure that you wont get enough votes in next election to present one more budget.
RE:read the fine prints
by on Mar 01, 2008 04:45 PM Permalink
This is a bullshit and political budget.Shame on PC.not thinking of middleclass peoples who earn hard.This 60k will go into the bullshit political leaders pocket.Instead of that he could have used for building new companies by which many people could have jobs.Also,service tax and other tax could have been reduced for common man.PC is real bullshit!!!!
RE:read the fine prints
by Prakash Panchal on Mar 01, 2008 02:58 PM Permalink
I fully agree with your views. Not really yeda. I am sure we all will be mute spectators to this generosity.
RE:read the fine prints
by on Mar 01, 2008 03:46 PM Permalink
I agree with your opinion
PC has presented only an election budget & nothing else.
You have rightly raised the point that the farmers who repaid the loan would look like fool now. It seems that they are doing the same thing as they do in reservation.
PC is political. If he could have given 60000 crore in power sector then the shortage of power could have been dealt with.
RE:Budget
by Goldie on Mar 01, 2008 05:12 PM Permalink
Very true.Out of 60Crores many will come back to leaders at various levels and will be used for election.Again public money will come back to public.What an Idea |||.Send this to Idea Cellular
RE:RE:Budget
by Goldie on Mar 01, 2008 05:14 PM Permalink
Very true.The amount of 60crore will come back to public at variou levels of leadership. Public ka paisa public ko wapis. What an Idea send it to Idea Cellular
RE:Now, what is upper limit under 80/D
by Amitabh on Mar 01, 2008 03:43 PM Permalink
For medical premium of self, it is Rs 15000.If you are senior citizen it will be Rs 20,000.In addition to this,if you pay for your parents,it is Rs 15,000.It will be Rs 20,000 if your parents are senior citizens.This is extra,over and above the deduction available for paying premium for self.So now you can make out.
RE:Rebate u/s 80 D
by satyendra kumar singh on Mar 01, 2008 03:19 PM Permalink
The amount of 15000/- u/s 80D, another 15K 4 parents (dependent), another 20K for disabled dependents. this is seperate from 80C i.e.100000. So, u can save more... Satyendra Lucknow
