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Taxation and power-politcs
by Ranjan on Mar 01, 2008 07:52 PM   Permalink

Chidambaram chose to keep it complex because power is in complexity, and ignorance of affected parties.Even in a Poll-Budget, he could not avoid the temptation to indulge in clever sleight of hand. I am surprised with the small margins he played with.This jugglery may see the Congress in the dumpyard when nelections are called. Whoever forms the next govt. must function with a 5 year policy in mind, not twiddle figures once each year.

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Your income tax: How it works now