congress is great. no other party in the world are so great. u cam make a majority religion in the world minority. you can make garibi hatao remain as your slogan forever u call it loan mela loan waiver free miday meal whatever u want u certainly take this country in the right direction our money is safe in banks no doubt you need swiss banks to keep your loot let us see the tamasha illiteracy 1 acre farming 100% reservations socialism jindabad barret mata ki jai
I am reading the views from different people. All are saying that this budget is good and very good. But no body talks about the budget after the Pay commission which will be comming soon in this year. After the paycommission your salary will be above than 5 Lakhs and then you will realize the actual politics behind the scene. This is my view...what do you think dear???? JAIHIND.... JAIBHARAT!!!!!!!!1
RE:A Good Budget for the current time, but nobody thinks about this budget after the paycommission which is comming soon!!!!!!
by Rajinder Gujral on Mar 01, 2008 01:29 PM Permalink
Friend
Budget has resulted in some saving , at present level. Pay commission will give some extra money - again you will get extra . Why do you worry . You are getting double benefit.
RE:A Good Budget for the current time, but nobody thinks about this budget after the paycommission which is comming soon!!!!!!
by SumanKumar Ghosh on Mar 01, 2008 03:20 PM Permalink
Yes I am agree with U
RE:A Good Budget for the current time, but nobody thinks about this budget after the paycommission which is comming soon!!!!!!
by Ananda Rao on Mar 01, 2008 12:25 PM Permalink
FM HAS ONLY PREPARED THE GROUND FOR PAY COMMISSION AND WHAT THEY HAVE TO COUGH UP AS TAXES.
RE:A Good Budget for the current time, but nobody thinks about this budget after the paycommission which is comming soon!!!!!!
by kuldeep yadav on Mar 01, 2008 12:32 PM Permalink
but this paycommission will be comming soon ...latest by May-June month...because elections are comming very soon...so again there is politics behind it....???
RE:RE:A Good Budget for the current time, but nobody thinks about this budget after the paycommission which is comming soon!!!!!!
by Samar SinghChauhan on Mar 01, 2008 12:18 PM Permalink
VERY RIGHT!!
if once again UPA comes to power all these incentives shall be backfired and may be taxes may go up as high that u may have never expected the prices have gone up trmendously in this GOVT and there is no respite for the poor all these tax exemptions are only to woo aam aadmi into voting UPA once gain into power if all the money is utiised prperly in INDIA and these bloody netas work to their moral we may never have to pay taxes but all these oney goes into blackmarketing and corruption and so we are always left with nothing as all our income is in white and we have nothing bogus except our rent reciepts
RE:BUDGET
by prasanna pai on Mar 01, 2008 12:24 PM Permalink
Dear Rao, what is 60 crore ..nothing they spent the same amt on foreign tours and total cost of 12 IPL PLAYERS. govt should have done it long back and not wait toplay vote politics..they could have saved 100's of farmers life.
KYA FARK PADTA..AGAR CHIDAMBARAM BUDGET KI JAGAH BACHAT KI BAAT KARTA KHARCH TO DIKH RAHA HAI...MAGAR NETA AUR ABHINETA KI JAGAH AAM ADMI HI TO HAI MARTA... VAAHH...VAAHH BUDGET
The 30% tax slab in increased to 5lakh. How will be tax calculated for a person earning more than 5lakhs. Flat 30% of his income or 50,000 plus 30% of his income in excess of 5lakhs? Can someone clarify this....
RE:Tax calculation
by R Seshadri on Mar 01, 2008 11:59 AM Permalink
It is 50000 30% of the income exceeding 500,000. Thus, if the taxable income is 600,000 his tax liability is 50,000 0.3*(600,000 - 500,000) = 50,000 30,000 = 80,0000. To this educational cess will be added to arrive at the total tax to be paid
RE:Tax calculation
by AnandKumar Srivastava on Mar 01, 2008 12:02 PM Permalink
as already seen in chart 52000 for his income below 5 L and for above 5L 30 % of the amount exceeding 5L
