One more suggestion, agriculture income should be taxable. Poor farmers are anyway not affected due to minimum taxable limit. This is mis used by landlords who claim to be farmers. more
ONE SUGGESTION :- THE RETIRED PEOPLE FROM GOVT/PUBLIC SERVICES GET SOME AMOUNT AS TERMINAL BENEFITS AT THE TIME OF RETIREMENT.THEY HAVE TWO OPTIONS AT THIS AGE (1) FULLFIL THE LIABILITIES OF THE FAMILY LEFT AT THAT MOMENT (2)PUT THE FUNDS IN TERMDEPOSITES/FD AND THE INTEREST THEY GET IS JUST A COMPENSATION FOR SUSTAINANCE w.r.t. MAINTENANCE OF HEALTH, MARKET INFLATION AND SOME SOCIAL OBLIGATIONS,RENT IF ANY. SO, IN MY OPINION SUCH RETIRED PEOPLE SHOULD GET TAX EXEMPTION ON THE INTEREST EARNED ON THE TERMINAL BENEFITS. ALL SHOPKEEPERS SHOULD PAY MINIMUM INCOMETAX OF Rs.2000/= EVERY YEAR,FAILING WHICH THEY SHOULD FILE THEIR INCOMETAX RETURN, AND COME OUT CLEAR WITH THEIR SOURCES/QUANTUM OF INCOME. more
I agree with Sanjeevji, Multiple Taxation should be done away with and a single point taxation introduced. The ideal one being Bank Transaction Tax. A tax of say as low as 2% on all bank credits. more
Last week i went to one mall in Bangalore. There i bought one sweet corn for that i paid service tax, Education cess, Higher education cess and VAT. While i am paying income tax also i am paying this all. Then why should i have to pay these TAX in that place. more
Once again food safety in India is a joke FSSAI is clueless and so Are so many state food depts The Karnataka Food Safety Department discovered that 52 hotels across the state were ...
If attached is the extent they are going, everyone needs to look at their inflow as well as outflow according to their lifestyle. Please go through attached. Want income tax department ...
You need to stand in queue for few hours in morning for tokens (only 20 per day) and then wait for your turn like 1980s Government of India should launch online tokens, increase the dail...
Over 300 individuals in Buldhana, Maharashtra, experienced sudden and severe hair loss, traced to wheat supplied through India’s Public Distribution System. Investigations by Padma awardee Dr...
Today the Dainik Bhaskar paper has carried the LocalCircles survey as main headline of the paper on how people going to Mahakumbh have been subjected to overcharging by all agencies.
Many inappropriate things are shown in media like use of abusive language, violence, smoking, drinking, details of how several crimes are committed. Media personnel give the argument they show what...
I am pleased to share with all that yesterday supreme court reprimanded the Govt and told them to regulate obscene content. Youtube was specifically mentioned.
A weaker rupee is pinching consumers, with cooking oil prices increasing 5% in past fortnight. With 60% imports, the rupee's depreciation coupled with an increase in cooking oil prices at their ori...
India has taken bad taste, provocative content to the next level with these stupid comedy shows full of crude humour. It doesn’t go with the heritage and culture of this country. I...
By Ajay Dutta
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