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Honesty doesn't pay...
by Deb on Feb 19, 2007 06:21 PM

FM is certain to levy enough taxes to recover deficits government had incurred over year. Interestingly high profile %u2018budget makers%u2019 never brought any housing loan, personal loan, education loan or vehicle loan because there was no need. Government is aware of inflation, rising interest rates but they are no way looking to benefit mass. They will run after interests in fixed/savings bank deposits, provident fund accumulations, NSC%u2019s, mutual funds but never to filthy property dealers/builders for questioning or recovering gray money. We forced to pay extra income tax for earthquake, flood, education, war and after that again service tax on every important item like insurance premium, telephone bills, electricity, water and food. Double trouble, excellent isn%u2019t it?

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Should tax rates be cut? Tell us