Some thing good to listen after a long long time, all politicians buggers just fill their stomoch. some one who thinks of normal people thats really good i appreciate it.
See Mr. Chit, has shown budget very smartly, he under farmers from where High vote bank, second bussiness men's and salary persons who have high income.. He smartly didn't increase anythng like service vat others things because elections are near and we all knows that the amdani is athani and karcha is going more than rupee 1.I am if Mr. Chit remains next year budget all the things which are not increased definetly increase with the hieght of this year also.
RE:budget is Good but overall no discount from service tax & vat
by karuna karan on Mar 01, 2008 10:49 AM Permalink
If you think that Mr.Chit is too smart, you should also apprecite that our voters are also too smart.
RE:Stop talking about budget in the Headlines section
by Nand Gupta on Mar 01, 2008 10:42 AM Permalink
what you want to put on the headlines. Murder, crimes and other news.
RE:Chapter VI , u/s 80 C
by sudha ramdas on Feb 29, 2008 10:32 PM Permalink
yeah, this is a valid question. i am yet to see the full budget proposals. are we eligible for deductions on investment under 80C, if not, the benefit of tax calculated above may not be available. anyhow, atlast the FM has given a heed to the salaried class. but i wonder after releasing so much into the kitty of aam aadmi, farmers, industrialists, duties, businessmen, how is the govt. going to earn anything extra. better compliance does not appear to be so much encouraging comparing the tax paid by middle level players in the market..
RE:Chapter VI , u/s 80 C
by Ravi Kumar on Feb 29, 2008 11:04 PM Permalink
When the FM did'nt mention Chapter VI, 80c exemption ,it means that 1 lakh limit continues. Total budget is roughly 6lakh crores out of which ITax constitutes about 30000 crores only
RE:RE:Election Budget
by ul sasidhar on Feb 29, 2008 10:46 PM Permalink
Such a populist budget hampers growth. Indirectly we (common people) will suffer in the long run as the government will not have enough money to spend on infrastructure. For such things our FM will come up with one more tax component (something like education sess that we are paying now).
RE:Election Budget
by Anjan Datta on Feb 29, 2008 10:56 PM Permalink
Sasidhar, pls let us have the savings that you make from the reduced tax rates. We certainly need it.
RE:Election Budget
by vinu manijose on Mar 01, 2008 02:28 AM Permalink
perhaps you would like to go back to the pre liberalization rates. lower tax rates doesnt manifest into better tax earnings...you can check historical facts if u want. or read the times of india editorial a few weeks back. collections have risen year on year while the rates have been falling since 91.
RE:RE:Election Budget
by vinu manijose on Mar 01, 2008 02:30 AM Permalink
Shining haha...india was shining pre 2004??if they called the growth rates at that time (around 6 percent) then it should be incandescent now when India is growing at around 9 percent.
RE:Some relief
by kieran dsouza on Mar 01, 2008 12:56 AM Permalink
yes at last some relief for salaried class tho was hoping for exemption limit of 2 lakh but better than NDA budget any day
RE:Some relief
by dvmayur on Feb 29, 2008 10:33 PM Permalink
o k bur farmer relief is most important a car two wheeler ex duty reduce 16 to 12% ok a that doest matter o k fine but most imrotant is farmar loan up till arround 10 000 farmer comited siside due dabit reqiue a laon wiwe up congart...F M FOR THE SAME
