In the mathematics paper examination,one first attempts the easy questions and lastly the difficult one.Finance ministers have done precisely the same thing.As Middle class does not protest and tolerates every thing,tax is easily imposed on them first and then touch the wealthy one.Few years Back,I was in Mumbai.One industrialist friend invited me to a hotel in mumbai for dinner.We did not eat much but bill came for Rs.3000/-I was astonished, but for the friend,it was nominal.For God sake,I do not have that calibre to treat the friend the same way when my turn comes.But the hotel seats were full.People with family were dining casually as we hapless middle class people take roti, dal and salad in our homes.I asked my friend really people are very rich.He said,rich class people here innovating ways how to spend ! I was comparing myself with those wealthy people.I do not know how many of them genuinely pay tax for all their properties.Yet Industry complains when there is talk of VI pay commission. say a person is getting Take Home salary of Rs.20,000/.Rs 10,000(for house loan repayment) Rs.2500/ for maruti 800 maintenance Rs.2500 for water,electricity,internetetc=Rs.15,000.How much left for food,medicine,education,travel etc. etc. ? Ministers can not understand this because they are rich or get richer by doing politics. My suggestions will be for Mr.Chidambaram, There should not be tax slab of 30% below Rs 10 lakh income.Income Tax exemption limit be enhanced to Rs.2.5lakh.The limit of saving instrument be enhanced to Rs 2.0lakh from the current Rs1.0 lakh. Dr.S.Mohanty Bhubaneswar,Orissa
