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BUDGET
by Krish Gopalkrishnan on Mar 02, 2008 06:02 PM

Apparently, this budget is focussed on pleasing the general public thereby get them to vote for the congress. It is another form bribe!!! Bribing is a criminal offence!!!
Also how congress is going to get 60,000 crores to write off farmer's loans? Ideally they should earn the 60,000 crores, by running all their public sector units more profitable and generate their own profit and pay rather then paying this from hard earned tax-payers monies . People and industrialists and business house pay tax, not to be used by the government to enlist the voters for the impending election. Theypay tax, for the government to judicially build infrastructors, roads, generating electricity energy etc etc. Again the government is setting a very bad preceedent by going soft on farmers who most often use the loan monies for theri own personal ends like marriags, bilding houses instead pumping into farm lands creating more crops. Now farmers are going to become ir-responsible because they know their loan are going to be written off! They would also expect the same from the new government if itis formed another party other then congress!!. Is is the same gimmick Karunanidhi applied by bribing tamil nadu people with colour television for purchasing their votes!!! INDIA IS GOING TO DOCKS. How itis going to become super power if indain people are having this attitude

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Your income tax: How it works now