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Budget at a glance

New Delhi: Finance Minister Pranab Mukherjee indicated bold tax reforms and as a first step has done away with Fringe Benefit Tax, Commodities Transaction Tax and the 10 per cent surcharge on Personal Income Tax. The following is glance at the Government's receipts and expenditure as proposed in the Budge ....Read more

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4 Comments |

budget 2009By: manu | Monday , 6 Jul '09 17:57:19 PM Reply | Forward nothing special and benificary for govt employees limit for individuals who pay the tax regularly and without any default the limit may be raised

INCREASING INTEREST EVERY YEARBy: prabhjot singh | Monday , 6 Jul '09 17:15:58 PM Reply | Forward Every year we are paying more interst to foriegn banks. It is now almost 33% of our all expediture. after some years we will have to pay more than 50% to world banks. It would be dangerous for us think now!!!

personal tax limitBy: padmanaban | Monday , 6 Jul '09 16:33:05 PM Reply | Forward tax limit for the salaried is very less as most of the government staff are seems to get more than 3lakh per year as their annual income obviously there is going to be burden for them for saving inspite of paying tax. This increase in the limit is not sufficient and Finance Minister must reconsider this limit.

Too high interest paymentsBy: Deep | Monday , 6 Jul '09 15:52:21 PM Reply | Forward The ineterest outgo is too much!!! It will kill us all. All those people having taken a home loan can now understand, how?

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