Any mature citizen understand that tax revenue directs Govt.towards development which is essential.However a rational taxation policy can sustain development and at the same time look after social need for those who are at the end of their earning stage but contributed immensly towards the development of the country.I intend to direct my views on the senior citizen of the country at a time when the economic and social attitude are either forcing or neglecting the joint fabric of old family structure and the old retired are been left to feed for themself.The Finance inister and the Prime minister will do world of good if they make pension and the interest from inverstment tax free for senior citize at 65yrs and above if they are no actively involved in business or job in profession.These will beniofit milion of old retired people without creating much deficit to the Govt.if one percent tax is raised in Cigaret and alcohol which compenset more than what is lost. Mr Finance Minister please do give a thought.A true social sercvice to those who gave their best when they were able.
