Monday, February 8, 2010

BUDGET 2010 WISHLIST

REVISE THE RENTAL CEILING FOR TDS by BRAJESH KUMAR

AT PRESENT THE ANNUAL RENTAL INCOME OF ABOVE RS.1.20 LACS IS SUBJECTED TO TDS ON 10%. I REQUEST YOU TO INCREASE THE CEILING TO RS.2.40 LACS PER ANNUM

Income Tax Slab by setu jagannath

Please increase the income tax exemption limit(i.e Tax free income) from Rs 1,60,000 to at least Rs 3,00,000. Common man is already affected with price rise, inflation and rise in price of essential commodities. At least this step can reduce the tax burden to some extent. To be precise a person with an annual income of 3 lakhs can be defined as a poor person at least in today's economic scenario with all the price rise of essential commodities and there is no point in pressurizing him further.

Income Tax -30% by ritesh soni

It is quite sad that all the hard earned money is taxed by the government with the assurance that we will get better infrastructure and roads. In Mumbai, roads are a big mess and people are delayed from work because o f traffic Jams caused by potholed road.

Government should spend money in providing better Roads to every city where there are lot of industries . At least Indian metros should be focused upon ,.

Income Tax by Sundaram K

We are the salaries clause are most affected by IT.

We have been taxed at source directly with as high as 30%, were as the big sharks are get away with different names like "Farmers" etc.

Why don't the govt catch those kind of people and tax them 30% directly with absolutely no exemptions allowed and tax the poor working people to pay 10% stright without any exemptions. This way we can have more money collected rather than people find ways to escape.

Expecting in budget by Nitin Mathure

Keep Fuel prices stable for whole of the year & control all the commodities prices where, till date, only Congress Govt.is always seen short.

Common Man Budget by Kumar Iyer

1) Increase standard Deductions
For Salaried men - 2 Lakhs
For Salaried women - 2.25 Lakhs
For Senior citizens - 2.6 Lakhs
2) Increase Section 80 C Deductions to 1.5 Lakh


Budget for Common by Krishna


None of the products such as luxury, cigarette, alcohol is being talked about here! but of the basic living things

1) Budget shouldn't always necessarily mean increase in taxes, thereby affecting the lives of common hood. Unfortunately, it is
2) Budget should be 'Reforming' (for overall development of nation & its citizens) not but 'taxing'. It's not a voice for reform, but a voice of despair.
3) Duel tax such as Direct Income Tax (TDS) VAT is much affecting. Overall tax structure is very high
4) Fuel prices are generally raised before the budget (and also intermittently) After increasing the prices, mercy is shown by reducing a very small percent of decrease
5) When fuel is raised, cost of all other produce goes up automatically. Again, "Budget" seems to be an inappropriate action.
6) Appears no relation between the ' Yearly Budget' and the 'Daily Price Rise'. Income of middle lower class people marginally raise once in a Year, but 'Daily' price raise' can't be handled with this income.
7) Offering Good education to children is becoming a matter of pride (like owning a luxury SUV), but it's not being seen as a national development programs! (It's an another subject that most of the educated adults remain unemployed poorly employed after completing 20 years of education and after spending few lakhs of money & valuable time & energy )
8) Direct producers and end-buyers are at a loss, most of the times.

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