Our FM is a maniac and obsessed with taxing everyone. He introduced service tax and increased the net to virtually everything that the so called AAM ADMI uses from utility bills to online stuff. With around 12% service tax virtually everything costing that much more. With limited source of income and virtually n o hikes in salary in most of the sector how can anyone cope with such stupid taxes? Salaried class in India got squeezed as they can't escape any taxes. He put breaks on fringe benifits too. And where is all this tax money going? Income tax is also very high. There is hardly anythign that this FM did to boost economy. He only keeps increasing taxes. Only during last budget he increased the non taxable income that too to please junta before election year. They give subsidy on petrol on one hand and then increase the service tax net on the other. With introduction of VAT , high income taxes there was no need to increased service tax %age from 10 to 12 with the additional educational cess.
It is surrender by finance minister Chidambaram. Very poor show dear FM. If your skills doesn't work and are still unable to find a solution after several months, it is better that you quit this post and save India.
We need to have Mr. PC , our dignified FM to sell peanuts instead of making such remarks. He does not have the capacity to stay as FM now or before , all just hype. he knows all the crooked ways and justs helps in making all people into trouble to lead their day to day life. Better quit .
what the hell is this person telling... we know it is not easy to make down inflation low... but instead of talking about what action and steps he is taking he is telling such words..
how can we think that chitambaram is best FM.. who say it.. i will never...
1. Eat Less 2. Walk around to office. 3. Throw away cellphones, TVs, gadgets. 4. Throw away gas cylinders and use cowdung cakes to cook. (Have a candlelit dinner) 5. Whatever saved INVEST quickly in equities to help FIIs wash that away.
high inflation low gowth is due to MMS, Chidambarams , Monteks buffonery. Was chidmabram sleeping when indian housing/rental cost was shooting through the roof. High housing is precurosr to high inflation if housing cost is high how can someone survive by selling his product/services at low cost. It is natural every one will start charging more to pay for his housing/rentals.
RE:high inflation low gowth is due to MMS, Chidambarams , Monteks buffonery.
by RAJESHKUMAR TV on Jul 17, 2008 04:19 PM Permalink
nice observation with which everyone will agree.
