Comments on: What do you expect from Budget 2011?

By: ignatiuslegend

ignatiuslegend — Tue, 15 Feb 2011 13:49:07 +0000

we are all scarred with the govt on the 2g/3g scam , well please look at the common man and dont kill us with more taxes , increase more job and work on to reduce the corruption

By: aditya.kalra

aditya.kalra — Sun, 13 Feb 2011 05:23:30 +0000

STCG should be reduced to 10%
Also, FM should make clear at the earliest that ELSS funds would be part of 80C when DTC becomes applicable from 2012.

By: VKirpal

VKirpal — Thu, 10 Feb 2011 13:27:42 +0000

Moment of truth has arrived.We need to change our image by taking bold and innovative steps like:
1.Rationalising the overall custom duties,excise,tax and octorio system.This applies basically to the prime movers of growth-energy,transportation,imports of essential commodites,infrastructure & necessities.
2.Subsidies do hurt the national wealth and,need to be removed,so as to have a level playing field.
3.In a growth economy,the balance of GDP increases,with inflation to be maintained.
4.Black money needs to be “harvested”,by bringing it back into the economy.
5.The Finance Minister needs to be the Deputy Prime Minister,so that he has the authority and accountability to ensure that scams are minimised and we do not remain a Banana Republic,in the eyes of the world!

Above would ensure a free economy and,give a positive investment-oriented signal to all global players,looking at India to invest.

God help us.

By: ToeKnee

ToeKnee — Wed, 09 Feb 2011 12:34:21 +0000

Yup, I agree. Keeping in mind inflation, they shouldn’t have tax on incomes up to 500,000 rupees BUT those in higher tax slabs should be asked to pay more.

By: aditya.kalra

aditya.kalra — Fri, 04 Feb 2011 05:26:18 +0000

I think tax slabs should be relaxed further, and they should be same for men and women. No tax should be there on income up to rupees 200,000.