Budget Nightmares
The budget this year was pretty but disappointing. More Taxes for the salaried class or shall i say middle class indirectly...How ? The Service Tax is the weapon, It makes you pay money to the government every time you buy or avail not so extraordinary services. If the new classification of services are to be tabled, then from March 1st ATM transactions will be brought under this regime. #$%$#% paying ST for taking my money by ATM ...... "I don't know what to say" Where is the gain in taking money out of ATM? It does not stop there , later the individual has to pay ST for buying some household items, eating, etc Its not fair.....The government have to instead start taxing the farmer where ever necessary , cut free power , reduce subsidies, ...etc... which are offered in the name of votes and not according to real needs. These can be offered only on drought, flood or other Acts of God but not perennially FREE. They can cut on defence expenditure also. Of course a lot more can be done in order to save more money probably cut lot of perks of a MP . (BLACK MONEY- It can be also found within a political party, the expenditure during elections is always unexplained )...End Of The Day i am sick of these taxes gobbled up by politicians..Read the following article
http://ia.rediff.com/news/2005/dec/13spec.htm?q=np&file=.htm
p.s. A lot good has also been done but these are the small irritants
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Note : The goverment has clarified that the service tax is for banks and not for ATM users
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posted by viki @ 7:53 pm
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