Hi friends, Last year similar thing happened. FM was travelling all around asia to Hong Kong when there was budget preparation as he had full faith in the Secretary. What happens exactly if it left. See this. The secretary will be an IAS officer. The salary he gets is very much higher as we all get. Normaly all IAS officers wil have working wife. They will not have time to prepare fo food. So last time the ready made food item was tax free and rest was taxed to comman man. This time again, we will find the same thing which this secretary has the deficiency.
The FM or whoever politician is been elected to represent the society, the poor, the middle and the rich. Normaly the politician is a rich as poor or middle call will not have money to spend to compete for elelction. By winning they earn more money to become more rich. Then they will not know how the poor or middle class is living. They cannot imagine the life of poor or middle. For them the poor is without benz car and not flying frequently thats it. So they make the tax accordingly. I commented on the budget last year the same thing saying the budget is not good for poor and middle. The comment was neglected at the time I posted as most people welcomed the budget when proposed. Later everyone understood the impact of the budget the FM Chidambaram proposed last year. Now everyone is curbing on having this government in power. This FM is for rich and corporate people and the government is only for Minorities. There is nothing for us poor and middle class people. We are hanging in the middle. We tolerate everything as we can neither fight leaving the everyday livelyhood nor keep quite as this takes way everything that we hard earn with little time to rest.
The best thing is to have pre-budget proposal aired by all TV, radio and get the suggestions from all the corner. Modify the budget that suits better for the poor and balance the economy of everyone. They tax 25-30 % directly from 1- 5 (i hope) lackh and later the efficient of tax keeps reducing as 5-10 30%, 10 lakhs 40 %. This means the one who earns more will have to loose less and the one who earns very less have to loose everything he earns. Thats is good right? Because this way the FM, the secretary, the politicians and the riches will loose less and will have many working for them so that they can earn more. This is the policy. We are free from British but we do not have Freedom.