loss of urban votes on account of anti people
1. Please remove 18%GST on members contribution towards common expenses in a cooperative housing society. There was no service tax so why 18%GST? The cooperative housing society is not a business entity and is managed by members themselves on voluntary basis for the convenience of members.
Though contribution up to Rs. 7500 is exempt but due to annual turnover limit of Rs.20 lakhs the society is forced to register under GST. This requires not only extra expense but paper work for filing of Returns which is causing avoidable harassment to managing committees.
2. Government had started a Senior Citizens Savings Scheme in 2004 (SCSS2004) to provide a regular income stream to retirees from private sector who do not get pension. The interest rate was 9% and interest income was taxable. Maximum amount which could be invested by an individual was Rs.15 lakhs. The interest rate was increased to 9.3% in April 2015 after 11 years.
Your FM under guidance of Babus who did not like your style of working reduced the interest rate to 8.3% with a provision to revise it every quarter. This regressive step has caused tremendous hardship to retirees as there Income was reduced as soon as BJP came to power. On the other hand pensions of government retirees was increased to take care of inflation.
This has turned a very large number of retirees against BJP.
Kindly arrange to restore the interest rate to 9.3% and consider increasing it to 10% to reduce the suffering of Senior Citizens in their sunset years. more
2. If tax can not be avoided, expenditure tax may replace income tax to widen the tax base.
3. if both are not possible, 10% interest for senior citizens more
Modi encouraged farmers so much that food became very costly. Just to pamper Sugar farmers, city middle class buy sugar @ 40/kg, while international price is 19/kg. Same with Wheat. How long will you pamper farmers at the cost of city middle class.
Modi made anti city laws like opening of income tax returns 10 yrs old, instead of 6 yrs.
He made a rule to reward Income tax officers AO & CIT-A, if they demand more taxes from asessee. This is unfair as we look at AO & CIT-A as semi/quasi judicial officer. How can a judge be rewarded for harassing assessee ? more